Qantas announces Job and Capacity cuts

[Michael Morrison]

Originally Posted by Rhys Xanthis

Does DJ even do any sort of fuel hedging worth mentioning? I thought they hedged very very little?

They have about 60% hedged for the next year with the next 6 monthsd actually hedged at about 80% dropping to around 40% from JAN.... (or something very similar as per a gidfrey interview)

[Marty H]

Originally Posted by Rhys Xanthis

Does DJ even do any sort of fuel hedging worth mentioning? I thought they hedged very very little?

They do Ive been told its around $109 per barrel until the middle of 2009.