PPRuNe Forums - View Single Post - Oil Price Hedging In MAS and Other Airlines
Old 17th May 2008, 22:28
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Geragau
 
Join Date: Aug 2007
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The silence on this thread is " SCARY ", here goes a scaredy cat's view: with the gomen's announcement to investigate the VK Lingam's video on corrupt judges, will the mamak's other more damaging misdeeds come out?

Time has come for every Malaysian to be told the truth.

As for the fuel costs and hedging, wasn't it reported somwhere by Mat Tongkang about Idris Jala's strategy that 43% for 2008 was hedged at US$89 and 13% of 2009 requirements at US$95? Good call, don't you guys think, in the light of oil approaching US$130 a barrel soon?
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