Nigeria is an oil exporter – so, don’t expect miracles there.
Middle East – heavily dependent on oil exports – don’t expect miracle there either
China – slowing down – don’t expect miracles there
In short – crude prices are low… agreed… but the global demand scenario is not very encouraging…. Any increase in passenger traffic, is most likely to be (over)-compensated by lower ticket fares…. If Accelya-Kale makes a cut of the ticket fares- then it might even be losing revenues… If its revenues are dependent on no. of tickets sold (and not on the fares) – then it might gain a bit…
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