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Old Apr 24, 2005, 12:59 am
  #5  
jtkauai
 
Join Date: Feb 2005
Posts: 1,681
Originally Posted by mctrip
You will need lots of extra cash available to purchase fuel futures to be able to hedge it, which HA does not have.

Aloha
from what i read in the ha financial statements, monahan, the first bk trustee hedged fuel using heating oil forward contracts, as had been the custom. josh stopped that, and contracts ended 1 year ago (they've been in bk over 2).

alua aloha brah
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