Originally Posted by
RevMan2
Fuel *won't* be way doiwn - it'll be exactly where it was when the beancounters hedged it, which is a few (or more...) degrees north of today's spot prices
Yes, fuel was hedged, how much and at what rate I'm not sure. However I wasn't referring to the cost per tonne, but the fact that 95% of the fleets grounded thus we aren't burning $1.3B this FY.