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Such an Islamically sound "Capital Partnership" structure would probably appeal to the likes of Emirates, Etihad, Qatar Airways and so on who are all building massive fleets as strategic investments and have the advantage over most other airlines that they actually have their jet fuel supply locked up.
(My bold.)  How does this work for flights to the USA?  Do they ship refined jet fuel or do they contract with a refinery so that a portion of their crude will be paid for in kind with refined jet fuel delivered to airports in the area?  How does it work for Europe?  

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Tue Jan 20th, 2009 at 09:39:03 PM EST
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