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Old 18th January 2009 | 23:18
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eglnyt
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Joined: Oct 2004
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From: Southern England
Plus, the Euro is doing great vs sterling, so drop in revenue is more than compensated by exchange rate changes.
Not sure where you were when we discussed this on a previous thread but not the case I'm afraid. Eurocontrol adjust the unit rate each month to ensure that what they charge the customers in euros is roughly right in sterling. There will be a small gain because the rate lags the actual exchange rate but it won't be that much.
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