Originally Posted by
airsouthwest
You've never heard of fixed price fuel agreements then..
Well, having been in the industry for the best part of 30 years of course I have.
However, any fuel hedging Flybe1 had disappeared when they did. Bearing in mind the fuel price when Flybe2 started was way higher than when Flybe1 went LBU then the hedged price is undoubtedly higher. Makes a profitable load factor of 38% a pipe dream.