"The only problem on the horizon for easyJet could be the current vicious jump in the oil price. The company does not hedge its exposure to oil, holding to the philosophy that what it loses on the swings, it gains on the roundabouts"
Funny, my mate in the City ( very French sounding name ) seems to think he has been buying fuel for EZY on the forward market for some time now!!!
Last edited by nice_beaver; 10th Apr 2002 at 22:53.