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Old 21st Dec 2023, 21:18
  #54 (permalink)  
double-oscar
 
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Originally Posted by MrWhitty
2.1b billion in debt. Debt they did clear was due to diluting the shares, and the cash flow of business decreasing over the last 12 months to the stage the business now can't hedge fuel. They're facts.

It's ridiculous to think that Jet2 isn't a safer ship to be in than TUIs.
It is true that TUI didn’t want to spend money on hedging during the pandemic but cash flow is much better now and so it has resumed its normal hedging policy.
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