PPRuNe Forums - View Single Post - Emirates Airline half year financial results
Old 2nd Nov 2016, 09:09
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The Turtle
 
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F&F

Yes I am only assuming that EK's fuel costs are lower in DXB

I have no idea if I'm correct. But I cannot explain how EK can lose money at $50 barrel of oil and make money 2 years ago at $100

And I don't blame them or fault them if they do get fuel cheaper in DXB.....

And why not. If you pump it out of the ground here, why should you pay market price? Ek is quasi-gvpt anyway, one hand to another

There are probably other discounts around as well, but not as apparent (and substantial) as fuel costs

And look at Delta....they purchased their own refinery.... Very smart.

Last edited by The Turtle; 2nd Nov 2016 at 09:10. Reason: grammar
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