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Old 16th Sep 2008, 06:36
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Expressflight
 
Join Date: Jul 2006
Location: UK
Age: 75
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With the oil price dropping to $91/barrel overnight at least that provides a glimmer of hope to those airlines in difficulty.

There's a certain grim satisfaction in hearing the analysts say that the huge price fall yesterday was largely due to the fact that Lehman Brothers had been one of the main participants in the speculative buying which contributed greatly to oil reaching $147/barrel in the summer.
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