JET A1
Jet A1 now 55% higher than last year.
Interested to hear when the warnings start changing from the quarantine requirements to fuel prices. CX are inside the perfect storm now, the $1B cash burn will be heading in one direction. I am sure they could pass the cost on with all those cargo charges easily enough, thank goodness for the superjet and its mighty crew. |
I'm sure the a50 guy has an explanation why this is good news.
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Something along the lines of, "Well it IS good news because we do not need to buy much at the moment".
The fuel hedge department must be almost ready with a buy long contract as we speak. I feel for you. My 100LL has gone up 57% since the start of Covid. :} |
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