Anyone else on here going to the annual meeting on Thursday ?
Roger I will be there, TIL and AIR AGM's walking distance apart with enough time between the meetings to check out the boat show.
Should be a good day, see you on Thursday. Forest
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Anyone else on here going to the annual meeting on Thursday ?
Roger I will be there, TIL and AIR AGM's walking distance apart with enough time between the meetings to check out the boat show.
Should be a good day, see you on Thursday. Forest
That's terrible news - not quite of the chart but they might need to add more labels nextbtime they use it
They were forecasting fuel to be $53m more than F17 (the $880m)
Jeez that chart says it could be $50m/$60m higher than that again unless the fuel price drops
Well that's the likely increases revenues almost gone
Maybe lower profits in F18 v F17 and v expectations
Might know more tomorrow
Fuel costs are subject to collars below the current prevailing price and they are 80% hedged for the FY18 year. Oil could be spiking for any number of reasons at present including the number of U.S. refineries coming back online or the geopolitical tension with North Korea. The other quote to keep in mind is what our esteemed leader said in last year's conference call "oil prices and yield are inextricably linked".
Is that a double top that has formed on Air's chart ? Maybe one of the T A guys can advise us.