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Re: [sharechat] AIRNZ

From:	"Jeremy" <jeremy@electrosilk.net>
Date:	Wed, 17 Jan 2001 12:47:04 +0800


> My info says that every US1c/US gallon unhedged improves AIR's NPAT
> by around NZ$10m. Insignificant? Singapore jet kero is down11%,

The problem may be units here.

The price of fuel in Singapore has been around 12 cents/gal .  A 11% change
in that price will result in about a NZ$13M NPAT change for Air NZ.  I guess
that is significant, but not that significant

Jeremy



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References

[sharechat] AIRNZ Malcolm Eves

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