THE GOOD AND THE BAD AND THE UGLY

Oil worries, we all have them and already this week and throughout last year we have spoken about the possibility of spikes and the certainty of increases, as well as the benefits of fuel hedges for an airline and indeed the benefits of investing in oil. However we should mention a variable with huge ramifications. A recent respected report suggests that oil would fall across all scenarios of counties leaving the Euro, ranging from 5% from a Greece departure through to a 50% decline from a complete breakup……..Something to consider. The Orix Aviation Airline Economics Aviation 100 2012 Industry Leader of