PPRuNe Forums - View Single Post - $60 Million USD !! Blunder
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Old 28th Jun 2008, 08:44
  #22 (permalink)  
sirhcttarp
 
Join Date: Jun 2006
Location: UAE
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USD 60 million

Recent change in policy in flying planes slower at cathay saves roughly 700kg of fuel per flight averaged across all fleets and flights. If cathay had 200 flights a day saving an average of 700kg of fuel per flight, over the course of a year, for jet fuel averaging 4USD / gallon, it will save USD60 million.

Cathay gets fined USD60 million for behaving like a monopolist.

These two pieces of news came out within a month of each other.

Coincidence?
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