Jacques Kavafian
![Jacques Kavafian](/assets/img/authors/unknown.jpg)
Jacques Kavafian
bid board creates difficult offer premium value
I just don't see how his offer creates value for shareholders, so the board is right in refusing. His bid doesn't have a premium to the market, so it may be difficult for it to succeed.
airlines costs eating either fuel higher reducing themselves ways
I think airlines are going to find other ways of compensating for higher fuel prices, by either eating costs themselves or reducing other expenses.