Glofish,
Yea, you are right, it is about the price of oil, always has been and I guess always will.
But,
And this is what I should have said, you and I think like they do in the real world, where when the price of oil goes down it is a good thing for everyone, just look at the profits that all the airlines outside of the oil producing part of the world are making, billions, and not per year, per quarter.
The ME economies depend on it, it all they really have.
So, I guess what I am saying is that, everything in this part of the world is upside down, the reverse of the rest of the world, it is hard to think like that.
Emirates needs a high price of oil, the oil producing world needs it to keep the ball in the air, it is not about the cost of fuel to Emirates that is killing them, it is that the whole ME economies are in a tailspin.
The geo politics of oil is something that is so above my pay grade, all I know is that EK is not doing well with the price of oil down.
And the band played on.