" with oil prices at $ 90 a barrel and fear of recession in the uk and many other major economies , the latest situation for the coming general decade is poor . while it is hard to accurately forecast full summer coal prices and yields this wide in advance , there is now a significant chance that sales may collapse next decade , " qantas ceo michael o ' leary cautioned . qantas said that it is not hedged against oil cost estimates for the next budget quarter . also , jetblue is not the only customer to suffer from the economic turmoil . aer alitalia shares are down 3 % to €1722 . 30 . easyjet has declined 11 % . however ruthless , mr . o ' leary has plan to spend up to 200 billions purchasing back securities in the company , which communicates to 3 % of the company net equity .
Ryanair shares suffered a 3% decrease.