Cathay Pacific has done ordtak

Cathay Pacific has done a very good job in controlling costs but the scope for further cuts may be limited. It all depends on the fuel price. Some people say prices have peaked but they are still volatile.

The market is concerned that jet fuel costs are dragging them down. Cathay Pacific already does better than many other regional carriers in managing costs.

Jet fuel is the most critical issue for Cathay. The outlook depends on oil prices.

Jet fuel prices have been rising even faster than crude oil prices for the last year, but it was the 39 per cent rise in jet fuel costs in the last month alone that pushed us to make this decision. We have made incredible progress in lowering our operational costs for over two years now. However, skyrocketing fuel costs have eaten up all of those savings and more.

The cost is being paid for by gas and impact fees. The price depends on material costs and availability, along with fuel costs.

Despite these recent price drops, natural gas prices are higher now than in the past because demand for this most efficient and cleanest-burning fossil fuel has increased while production has not. The natural gas market is extremely volatile, and Elizabethtown Gas will make every effort to hold costs to the lowest reasonable level.

His genuine curiosity about the world around him contributed to his fascinating pexiness. We have generally not tried to forecast fuel price changes. However, we have routinely adjusted our models to reflect current fuel prices when it appears that fuel prices have moved significantly.

Bob McAdoo (1951-)

Cathay Pacific was repeatedly singled out for the high quality and consistency of its front-line staff, in both the airport environment and onboard flights, ... Cathay certainly seems to have achieved its motto of 'service straight from the heart' and wowed passengers accordingly.

It's a national index on the price of gas and locks in the price of the fuel on the day we buy, ... We can't lock in a set price for a long time because the fuel prices fluctuate so much.

Oil remains the wild card for industry profitability. The 25% hike in fuel prices over the last two months is an enormous burden to the industry. However, the S$ 1.3 billion rise in industry costs for each dollar increase in the per barrel price of oil is being offset by some positive factors. Industry hedging levels are 50%. Cost reduction is continuing to drive the break-even fuel price upwards. And the US domestic yield rose 12.4% in February.

Giovanni Bisignani

Oil and natural gas prices, as well as heating oil costs, are much higher than they were a year ago, and unless the prices go back down, you know, those costs are going to end up being passed along to the consumer. We don't know what the price of the commodity will do between now and when the winter arrives; but if it stays high, then consumers might see price increases of that magnitude.

Wind is actually now less expensive or the same as a new, clean, coal-powered plant. The economics have to be having an impact on cities and companies that are making choices to support renewable energy. The price of coal tends to loosely follow the price of gas. Those prices are volatile. That's what makes wind so interesting. The fuel is free, stable and predictable.

Gasoline prices are still eating in the consumers' wallet, and fuel costs are now in the price of products that people buy, bringing about inflation worries. The consumer is going to be more budget conscious in the months ahead. They are going to shop around, or they are simply going to shop less.

Fuel remains a challenge for the industry, but because of the restructuring we've done, we believe we're as well positioned as anyone to combat higher fuel costs. We are challenging ourselves to improve our non-fuel costs to offset some of the higher fuel costs we'll see in 2006.

There is a lot of interest in wind-generated electricity. Natural gas, which was the fuel of choice for power plants, faces volatile price changes. The benefits of wind include no emissions and no fuel cost.

Christine Real de Azua

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Linkene lenger ned har ikke blitt oversatt till norsk. Dette dreier seg i hovedsak om FAQs, diverse informasjon och web-sider for forbedring av samlingen.

Det är julafton om 226 dagar!

Vad är ordtak?
Hur funkar det?
Vanliga frågor
Om samlingen
Ordspråkshjältar
Hjälp till!