Originally Posted by
Mutu
Overall not a bad set of results. The revenue decline is in line with Delta - a very well run airline also - and AA. Not unsurprising really as the warning signs of a downturn in the sector have been there for quite a while.
If you consider a 6% fall in unit revenue to be a good result then I have a bridge to sell you.
Without the fuel hedges finally unwinding it would be a mess. They can't even keep non-fuel costs under control.