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Old 25th Feb 2009, 17:32
  #15 (permalink)  
PlaisanceDog
 
Join Date: Feb 2009
Location: Somewhere tropical
Age: 40
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Pipi in the fuel tanks

US$ 105 per barrel and hedged for 2 years without an exit clause.
This is the cofin Air Mauritius has ordered for itself.
From what I read from the Mauritian newspaper,the ill-fated Chairman was told, "You are a lawyer! what u know of Hedging?"
Will anyone succeed to save Air Mauritius?
PlaisanceDog is offline