The Fuel Hedge
'....There’s been a lot said about fuel hedging and whether it is the reason for our financial results.....'
What hasn't been said is that the highly experienced fuel hedging expats were moved on and replaced with locals.
How much experience does the fuel hedge team have?
Is there any correlation between the experience of the team and the hedge gain/loss?
Was race a factor in their appointment?
Who signed off on the hedge?
Has anyone been held to account?