Just wondering - do the Gulf airlines make public whether or not they hedge fuel?
I remember in his previous incarnation at GF Hogey saying their mistake not to hedge fuel cost them a couple of hundred million dollars
Was curious as to whether there are two schools of airline in the region - those that hedge and those that don't - and who falls into what category.
Or do most of them not have the need because they are getting fuel at subsidised rates?
If they haven't hedged, and following the Goldman Sachs prediction of $200 oil, it must be 'squeaky bum time' for a certain airlines...
