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  #11  
Old 16th October 2008, 10:08 PM
Radi K Radi K is offline
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No relief because the AUD is so low.
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  #12  
Old 16th October 2008, 10:34 PM
Rhys Xanthis Rhys Xanthis is offline
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Quote:
Originally Posted by Radi K View Post
No relief because the AUD is so low.
Yeah, very lame for those planning overseas trips
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  #13  
Old 17th October 2008, 03:22 AM
Mike Scott Mike Scott is offline
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But very good for those of us living overseas and sending US$ back home...gotta do something to offset the thrashing our 401k (super)funds are taking in the market. I'd be happy to see the A$ back at .50 (being selfish)

MS
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  #14  
Old 24th October 2008, 10:26 PM
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Montague S Montague S is offline
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http://www.abc.net.au/news/stories/2...section=justin

just as predicted, OPEC cuts output.
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  #15  
Old 25th October 2008, 07:45 AM
Marty H Marty H is offline
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Finally seen some relief at the pump this week with 10cpl slashed off.

Think airlines with hedged fuel into next year are going to have some interesting bargining with suppliers on price.
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  #16  
Old 25th October 2008, 07:49 AM
Marty H Marty H is offline
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http://www.news.com.au/business/stor...-31037,00.html

Despite to OPEC cut to production it didnt stop oil prices dropping.
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  #17  
Old 25th October 2008, 04:41 PM
Saj_A Saj_A is offline
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Its going to time for the cutbacks to kick in.

In a weeks time, we'll see that price rise towards triple-digits again.

Not nice, however, the industry needs a few major casualties to further drive forward efficiency and lower operational costs (hence lower ticket prices).

The likes of the ridiculous United Airlines/US Airways this week reported shocking Q3 losses largely down to their inability to hedge fuel contracts properly.

For that reason alone these two carriers should be amongst the first to die.
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  #18  
Old 25th October 2008, 07:09 PM
Rhys Xanthis Rhys Xanthis is offline
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Look at the dollar at the moment...be prepared for some serious price hikes.
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