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Old 16th Aug 2017, 13:51
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Progress Wanchai
 
Join Date: Aug 2006
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Originally Posted by Dan Buster
Look closely at the numbers. It's basically a $1 Billion dollar profit, destroyed by a $3 Billion dollar fuel hedging loss.
You're being very generous to the muppets Dan.

Don't forget the 4 billion dollar cash flow hedge loss. If the bean counters had done exactly NOTHING we'd have made 5 billion dollars on a turnover of 46B.
I think most airlines would be on cloud 9 with an 11 percent profit margin. This airline unfortunately makes financial decisions while being on cloud 9.
Ice addicts running a pharmacy would be more financially responsible.
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