PPRuNe Forums - View Single Post - The answer to the fuel hedging blunder!
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Old 7th September 2016 | 09:33
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Blowback
 
Joined: Aug 2014
Posts: 45
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From: Hong Kong
At one stage I thought that there may be some cunning plan with another subsidiary company that was picking up cheap fuel and selling it to CX at the advertised high price , thereby putting huge profits into Swires accounts without having to pay shareholders dividends .

Alas NO ! The stupidity of this management team never fails to amaze . Gouge the passengers because we f'..ed up, so they must pay for our crappy decisions

The swire board must be disconnected from reality or MIA due to their failure to replace the entire management team .
At least then they could come out and tell the passengers our team screwed up , we have fired the lot and installed a new team to put this airline back on track.
Please stick with us during this transition. But expect to see great things
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