VituVingiSana wrote:whiteowl wrote:Oil is going sub $30 so the $85 hedge will be screwing them 4 times over.
Well, Alex made out like a bandit in this Bandit Nation. @Obiero told us Alex was going, going... lakini, wapi??? Every day he remains is a loss to KQ as he pockets all he can.
According to The guardian newspaper, one of the most authoritative online media in UK, economists maintain that oil will lick the sea bottom @ $10 a barrel. That will translate to 0.118 times KQ's most outrageous hedging in air transport. In layman's language KQ will continue damaging its revenue 8.5 times the 2016 oil price projection. @obiero What a tragedy?
John 5:17 But Jesus replied, “My Father is always working, and so am I.”