PPRuNe Forums - View Single Post - Virgin Blue to shed 400 jobs ....
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Old 23rd Feb 2009, 06:14
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im sparticus
 
Join Date: Jan 2008
Location: australia
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rumour has it the fuel companies wont sell to vb on credit can anyone confirm??

I think its funny they are reducing their hedging from 80% at present and when fuel was at its historical high, down to 30% for 2010 when fuel is at its historical lows, they still havent quiet grasped the concept of hedging have they.
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