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Old 3rd September 2008 | 20:09
  #228 (permalink)  
Alex Whittingham
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Joined: May 1999
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From: Bristol, England
Indeed, but airlines hedge against the dollar as well as against fuel rises. And hedging, at the end of the day is just a bet which costs money to make. Some, like Ryanair, say the bet wasn't worth it. Right? Wrong? Only time will tell.
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