Originally Posted by
dh01
It would seem one main reason they can hope to return to profitability is the very low price of fuel, which has helped so many airlines report large profits, even when hampered by strikes (LH, AF come to mind)
Wonder if their gamble will work out this time.
Thai Airways also plans to extend the period for which it has 73 percent hedging cover to 2016 at the lowest possible price, the official said. The lowest prices at which the airline has hedged so far were at $70 a barrel, he said.
http://www.reuters.com/article/thai-...0UO1IG20150109