PPRuNe Forums - View Single Post - Oil Price Hedging In MAS and Other Airlines

9th Jun 2008, 10:04

#23 (permalink)

chintanmanis

Join Date: Aug 2007

Location: canland

Age: 60

Posts: 33

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Idris Jala and gang hedged a portion of their fuel costs for 2008 / 2009 at below US$100 a barrel! Oil now approaching US$150.......guess a jolly good show. Maybe the former oilman does know better!

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