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Old 21st Sep 2012, 22:52
  #389 (permalink)  
Twin Beech
 
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And on second thought, the " free jet fuel" BS that you hear from time to time is not true. But what IS true is that a national treasury funded by free oil negates the reason for high taxes.

EK may not get free fuel, but they do get very low income taxes, which may amount to a similar thing in an industry with historically poor returns and profit margins, executive renumeration notwithstanding.
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