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Old 23rd Dec 2023, 22:07
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MrWhitty
 
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Originally Posted by double-oscar
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.
That would be a fake news. Their current financial reports state their cash flow in the bank has been decreasing over 12 months and that hedging still hasn’t restarted hence uncertainty when pricing holidays. These are issues none of their competitors have.
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