PPRuNe Forums - View Single Post - Cathay Pacific posts worst first-half loss in at least 20 years
Old 21st Aug 2017, 19:29
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cxorcist
 
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Originally Posted by casual.t
Are we all going to believe that Cx hedged fuel at a price that would bring down the company with major losses?
How would you describe ~ $1B US per year for several years of fuel hedging losses? Not many airlines can survive that kind of damage to the balance sheet. Maybe CX can, maybe not. Time will tell...
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