FlyerTalk Forums - View Single Post - BA to cut up to 12,000 jobs in "restructuring and redundancy programme"
Old Jun 6, 2020, 6:34 am
  #1353  
McG
 
Join Date: Oct 2008
Programs: BAEC
Posts: 887
Originally Posted by OhLordy
I agree that the change in circumstances is huge and unprecedented but I don’t hear anything about the contracts BA signed concerning fuel hedging! I bet the oil companies are keeping them to their contract...indeed how many billions have BA (IAG) put by for that?
£1.4 billion has been mentioned in IAG financial statements and in other discussion threads here as the fuel hedging loss following the collapse in the oil price.
McG is offline