Originally Posted by
johan rebel
Given KLAF's five-year hedging strategy, this whole fuel surcharge thing is a big charade anyway. The surcharge is based on fluctuations in oil price that bear little or no relation to what KLAF is actually paying for its jetfuel.
Johan
Why not re-open this discussion with what we know, and not with what we think:
http://www.ft.com/cms/s/0/7aead454-b...nclick_check=1