Fuel Hedge Improves
As oil is now on it's way back to $80usd/barrel, the paper loss on the fuel hedge is dramatically improving. In other words, the sky is NOT falling, and CX will be able to report a dramatically improved profit figure than originally forecast. Of course, they seem to be keeping that quiet (surprise). The AOA should do an analysis and also have the company update the Association on the actual situation. There is no need for concessions at this point (especially as they have effectively just taken 8% of my annual pay with no 13th month).