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Old 5th Oct 2006, 10:09
  #114 (permalink)  
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Falling oil price prolly the main reason. It's misguided these days, as BA hedges so far forward, but there has tended to be a reasonable inverse correlation between BAY and jet kerosene prices.

There was also bid speculation in the market, but as a learned observer has noted, the pension fund issue looks a convincing poison pill.
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