Opportunistic scapegoating in my view. Every airline needs fuel. By all accounts QF hedges fiarly well by world standards and hence stands to do better on fuel costs than many companies who don't,or didn't, hedge (eg
VB). I fail to understand the connection when the mantra 'fuel's up; everything else must come down' turns into a situation where price rises become a cost which
employees must offset.
Can anyone help me?