International airlines always receive a large portion of their revenues from a variety of different currencies due to their international reach and global range of customers. Furthermore, their risk may depend on political/economic developments in other countries. Furthermore airlines need to purchase oil at world market prices, and oil is one of their largest single costs.
El Al Airlines in particular is in a risky business in a risky part of the world. Read the following articles on El Al Airlines and do some of your own research on El Al:
Steinblatt, R. (May 3, 2013) El Al makes $17.3m gain on currency hedges, Tribune Business News, Washington [Available on Proquest]
Solomon, S. (2013) El Al Says Fimi to Invest as Much as $75 Million for Stake, Bloomberg News, http://www.businessweek.com/news/2013-04-14/el-al-says-fimi-to-invest-as-much-as-75-million-for-stake
1. What recent major events do you think El Al's financial management team need to worry about the most?
2. What strategies can El Al employ to guard against their main international financial risks?
3. Would you personally invest in El Al Airlines? Explain your reasoning and use their international financial risks and their efforts to hedge against these risks as part of your answer.© BrainMass Inc. brainmass.com October 25, 2018, 9:28 am ad1c9bdddf
Global Financial Management & Summary
International airlines always receive a large portion of their revenues from a variety of different currencies due to their international reach and global range of customers. Furthermore, their risk may depend on political/economic developments in other countries. Furthermore airlines need to ...
Solution helps in doing business analysis of El Al Airlines
Essay: Dye's Key Sectors of Power
Hello! I need help with the following:
Within the attached articles select an elite figure from any of Dye's twelve key sectors of power. Utilizing a minimum of three outside sources 1050-1400 wd that addresses the following points:
1.What is the basis of the selected figure's power? Is it derived from wealth, influence over information distribution, immediate access to policymakers, or any combination of the above?
2.What strategies does the selected elite figure use to maintain status and influence? Networking with other elites, business practices, direct political participation?
3.Provide specific examples of how the selected elite figure has influenced public policy. What were the obstacles? How were they overcome?
4.Does your selected elite figure provide an apt example of social mobility? Is the individual a self-made mogul, or was his or her power largely inherited?
5.Do the activities of the elite you selected support how elitist theorists explain wealth and power in America?
6.Assess whether or not the power wielded by the selected elite figure positively or negatively represents your interests.View Full Posting Details