Originally Posted by
brunos
Hedging fuel price is a good, I would even say necessary practice.
That's like saying "investing in options is a good practice." It
can be a good practice
if you know what you're doing. The futures markets are a shark tank and the unsophisticated will get eaten alive. Poor hedging strategies can - and have - cost airlines hundreds of millions of dollars.
The evidence suggests TG should not be playing in these waters, at least not without expert assistance.