View Full Version : Fuel Hedge
otis cornbread
15th Oct 2014, 20:44
So with oil at a 4 year low, which way do you reckon we hedged?
ron burgandy
15th Oct 2014, 22:39
Probably at $110. Standby for "paper hedging loss of 2 billion". It hard to keep up with this year's missed opportunities:ok:
jacobus
15th Oct 2014, 22:40
And a fair bit of the profit last time was from hedging. Geniuses.
ron burgandy
16th Oct 2014, 00:12
Yes, the fuel hedging gains offset the 2.6 Billion loss attributed to "others"
Lowkoon
16th Oct 2014, 05:18
Makes getting caught for illegal price fixing look cheap! Now if you and I came up with an illegal way to loose a single dollar for the 'group' what do you think may have happened to us? :mad:
BusyB
16th Oct 2014, 05:38
Rumours are that CX hedges 50% of fuel required. No idea of price.
Just read that Ryanair hedged entire year at 96USD (assume financial year) so guess there will be a lot of cancellations with them.
EasyJ I think hedged at 86USD.
Arfur Dent
16th Oct 2014, 06:59
Lowkoon - were you talking about loosing a dollar or losing it? :mad:
asianeagle
16th Oct 2014, 07:17
All gone quiet on the industrial front, WTF are we going to complain about now….:confused::confused:
oh wait… fuel hedging:bored::bored:
:rolleyes: