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Old 12th May 2009, 11:08
  #78 (permalink)  
The Flying Cokeman
 
Join Date: Dec 2005
Location: EU
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They hedged 60 % of the 2008/09 financial year requirement for fuel and therefore hedging is stopping this month if it hasn't already done so. I have heard no news of EZY hedging and I don't think any airlines are doing new hedgings at the moment but waiting to see what's gonna happen with the crude oil prices. The price for crudeoil is unfortunately going up slowly but surely everyday now passing $59.06 this morning.
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