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GammaJammer

Airline Oil Hedging - Interesting

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http://www.iht.com/articles/2007/11/28/business/hedge.php

 

Just found this.... Also saw a very interesting piece about the perilous state of the US airline industry on iTuplip Forums (a macroeconomic / econometric forum that I dip into occasionally) but I didn't manage to sucessfully e-mail it to myself. If I can get time I'll post the text or something.

 

Crux of the post is that their planes are all too big for the internaland they're all in deep doggy doo doo. Nothing controversial, but the level of detail it's written in suggests pretty clearly it's written by someone in the know. Possibly a plane spotter ;)

 

Ultimately SW's hedges won't mean so much if oil cracks on towards $200, but interesting nevertheless.

 

GJ

Edited by GammaJammer

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