再世孔明
OP
102635473
:
My opinion is fuel cost is 1 most important component to profitability. And if they can’t do their job, then bonus should be cut. Otherwise there’s no accountability. Just hedge, win or lose just let the shareholders and passengers make up the difference. Otherwise, I believe many would love to have that job.
再世孔明
OP
102635473
:
Ya fuel hedging has a lower loss than previous. So I wonder if fuel cost is the reason, then other airlines should face same problem. Or is it due to Sia want to use some special fuel to save the environment.
102635473 : Hedging hard to say one.
102635473 : Where got guarantee no loss
102635473 : Could b fuel price go up so hedge cost (% of fuel price) also go up
再世孔明 OP 102635473 : My opinion is fuel cost is 1 most important component to profitability. And if they can’t do their job, then bonus should be cut. Otherwise there’s no accountability. Just hedge, win or lose just let the shareholders and passengers make up the difference.
Otherwise, I believe many would love to have that job.
102635473 再世孔明 OP : Bro, you look carefully. They actually profit from hedging. Just that profit is lower than 1Q2023.
再世孔明 OP 102635473 : Ya fuel hedging has a lower loss than previous.
So I wonder if fuel cost is the reason, then other airlines should face same problem.
Or is it due to Sia want to use some special fuel to save the environment.