Originally Posted by
MrWhitty
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.
I posted the results to point out this is factually incorrect - I agree its thread drift!
But a 26% S25 fuel hedge means that they can’t go bust
This demonstrates a massive misunderstanding of hedging policy, Pprune B**lsh*t at its best.
I'm out.