Secondly, $130/140/bbl fuel is, in my view, much more of a worry for long-haul airlines, simply because they are up there burning the tripled-price Jet A1 for 10-12 hours
True, but FR utilise their aeroplanes for longer than 12 hours per day and we are going up and down like a wh*res drawers burning fuel at inefficient lower levels for a longer period during that 12 hours + than the 747 heading to LAX. Just my humble thought.