Originally Posted by
oliver2002
I presume it has something to do with LX not playing the fuel hedge as long as LH has. When you emerge from BK with a bad credit rating you can't find many people who will trust you enough to pay you hedge bet if things go south. So average hedge prices/cost for LH must be lower than LX.
Oliver2002,
Tks for the clarification about the hedge prices.
Dutch_122