5/26/2008

Oil..The Drama!!

Cathay Pacific, the Hong Kong-Based Airline, has reported that 40% of its' total cost is now fuel. It is going through the same challenges that all Airlines and us ordinary folks are going through. EADS, the parent of Airbus, has warned of slowing orders partly because of the rising fuel cost. Where will it all end? Will our political and business leaders step up and truly think beyond the "now" or will they continue to sacrifice the short-term for the long-term. I wonder.....
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