Originally Posted by
jetfan
Nobody is saying that the airline industry is in great shape. But I don't think you can deny that AF/KL is very quick to impose and increase fuel surcharges and very reluctant and slow to remove or lower them.
Bear in mind that, in general, hedging contracts are made in dollars. Add to that the current $/EUR value increase and you'll probably find that despite the rapid decreasing oil prices, the fuel bill of most airlines is exactly the same as it was when oliprices were $130+