Originally Posted by
dragon man
Hot off the rumour mill. The fuel price has them on a cost cutting campaign. They are burning the midnight oil at the moment to come up with a plan to call the 787 a 747 replacement and therefore avoid a RIN. Do I believe it? Yes, they have no scruples or morals.
In the other thread we spoke extensively on the impact of fuel. Fuel prices are 21% higher than 12 months ago.
Qantas due fleet composition are more exposed than those carriers who re-equipped a decade ago. Qantas could well whipsaw (if the idiot analysts ever bother checking the numbers)
Sources inside Qantas quietly suggested while little Napoleon was busy spending shareholder money funding/pushing his personal social view in the Same Sex Marriage 'discussion', alleged elements of Senior Management were very concerned with the term structure in the Oil and thus Jet fuel market.