Tuesday, December 23, 2008

What's Missing in MK's Press Release

What's in italics in the next sentence. The Company's fuel risk management strategy aims to provide the airline with protection against  sudden and significant increases in oil prices while ensuring that the airline is not competitively disadvantaged in a serious way in the event of a substantial fall in the price of fuel. That's taken from page 50 of the 2007/8 Annual Report of Air Mauritius.

I guess that includes not doing anything stupid to throw the company over a cliff.

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