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Old 26th December 2015 | 13:04
  #15 (permalink)  
crewsunite
 
Joined: Oct 2007
Posts: 231
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From: Hong K ong
Swire fiddling the books

Swire's make money from our planes even when they don't fly.
The fact that they do allows them to make more.
When they make too much money. It's give them more opportunities to milk the system. To ensure Prof Margin
stays below a certain threshold.

This fuel hedging stratergy has been a brilliant move on their part. One loss is another's gain.
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