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Monday, May 26, 2008

Values of Most Aircraft Face Sharp Decline if Fuel Price Rises to $200+

While most forecasts for oil prices assume an average price of around $120 a barrel for 2008, there is speculation that the price could rise to $200 in the coming months resulting in a massive fall in demand for air travel At $200 a barrel there would inevitably be severe consequences for the world economy...

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