PW, I feel MM's synopsis is bang on. It is highly unlikely that a "blunder" like the fuel hedging fiasco was simply due to incompetence. Due to the epic scale of the hedge, it is likely that there was a more considered strategy involved, as MM alludes to (they probably intended a "small" loss for a few years to justify cuts to staff...but it ran away from them).
The 13th month was certainly a power play, in spite of RH's pathetic and insulting "explanation". Just another nail in their own corporate coffin, as spiteful moves like that really only convince the more junior pilots that there is no future here.
(ps, many of us simply took a PRA for a month during the year anyway, so how did that work out for you Rupert?)