Q: 9
SIMULATION
A week later, Romuald Marek stops by your workspace and hands you a document.
The Board minute extract from Romuald can be viewed by clicking the Reference Material button
above.
Reference Material
Board minutes extract: proposal to profit from ongoing strength of NS
Anna Obalowu Sole, Chief Operating Officer, reported that the strong NS was helping generate
revenues from fuel sales. Discussion followed as to whether the strong N$ was likely to persist and
whether a strong N$ benefits Arrfield overall.
Markus Jokel
a. Chief Executive Officer, stated that the Board should develop contingency plans that could be
implemented if it seemed likely that the strong N$ would persist. In particular. Arrfield need not
renew the contracts that permit aviation fuel suppliers to operate from its airports. Arrfield would
then be free to create its own fuel sale business, buying fuel in bulk to replenish the storage tanks at
each of its airports in Norland and then selling it directly to airlines He stated that this would almost
certainly enhance Arrfield's share price
Romuald Marek reminded the Board that four of Arrfield's six airports are located in Norland and
that those airports charge for aeronautical and non-aeronautical services in N$.
The Board minute extract from Romuald can be viewed by clicking the Reference Material button
above.
Reference Material
Board minutes extract: proposal to profit from ongoing strength of NS
Anna Obalowu Sole, Chief Operating Officer, reported that the strong NS was helping generate
revenues from fuel sales. Discussion followed as to whether the strong N$ was likely to persist and
whether a strong N$ benefits Arrfield overall.
Markus Jokel
a. Chief Executive Officer, stated that the Board should develop contingency plans that could be
implemented if it seemed likely that the strong N$ would persist. In particular. Arrfield need not
renew the contracts that permit aviation fuel suppliers to operate from its airports. Arrfield would
then be free to create its own fuel sale business, buying fuel in bulk to replenish the storage tanks at
each of its airports in Norland and then selling it directly to airlines He stated that this would almost
certainly enhance Arrfield's share price
Romuald Marek reminded the Board that four of Arrfield's six airports are located in Norland and
that those airports charge for aeronautical and non-aeronautical services in N$.Your Answer
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