Originally Posted by
gloopy
We should invest heavily in Emirates for several years then short the crap out of them when their little housing bubble order book collapses. There is no way the whole world will fly hourly 380 service to every city in the galaxy which is what would have to happen for them, plus Qatar plus Ethiad plus the rest to get their massive growth order books.
Originally Posted by
johnso29
I'm with gloopy though. There is NO way they will fill all of the WB's they've ordered. Ain't happening without cabotage.
They can afford to fly those 380's all over the world, at 50% capacity, with the price of jet fuel in the Middle East.
What is it up to now, $0.50/gal of Jet A?
Add insult to injury, isn't EK subsidized by the Royal Family/Government? I'm unaware of this fact, just asking out of curiosity?
GJ