PPRuNe Forums - View Single Post - Spotter/Aviation Analyst Breathless Thread
Old 12th Sep 2008, 13:57
  #21 (permalink)  
Sagey
 
Join Date: Feb 2001
Location: London
Age: 45
Posts: 358
Likes: 0
Received 0 Likes on 0 Posts
Ryanar are currently operating on the expensive side. From their Q1 results - We have taken advantage of the recent weakness in oil prices and are now hedged 90% for September at $129 per barrel, 80% for Q3 at $124 per barrel, but are unhedged for Q4.

Oil is currently $98 a barrel.
Sagey is offline