PPRuNe Forums - View Single Post - Ryanair cancel flights due to pilot shortage?
Old 19th Jan 2006, 14:55
  #78 (permalink)  
befree
 
Join Date: Aug 2004
Location: uk
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Devil Saving fuel

Ryanair claim they had a forward contract to get the jet fuel at an oil price equililance of $49/barrel. As the oil price is rocketing maybe they are selling the fuel contact on at a profit and gronding some planes. The revenue cannot be that good this time of year and burning fuel on 99p fares is madness.
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