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Letter "P" » Peter Hilton Quotes
«Hedging has built up over the last few months, but airlines have been hedged to a certain extent by their ability to add surcharges successfully.»
«I think they'll gradually work their [hedging] up, on the expectation that crude will stay around US$60.»
«They grounded 45% of their fleet at the worst point. It was by far the most aggressive response to SARS,»
«Things have improved better than expected but it was quite possible SARS would linger for many months more than it did.»
«They're reporting significant loss but we've seen a very good recovery in demand from the business traveller and that's high yield,»
«Even Cathay expects to have its flight pretty much back in the air at the end of next month. And I suspect airlines in general will be reducing the level of discounts over the next month or so.»
«We're not even sure what's prompting the regulators to get upset. It's clearly an issue that warrants monitoring for sure.»