ouch

[anonymous-user]

http://news.bbc.co.uk/2/hi/business/7817243.stm

I wouldn't like to be the guy who signed the option.

[2something]

They were probably just doing their job, other airlines executed similar trades.

The BBC with the benefit of hindsight reckons that they got the direction of oil prices wrong ... well done BBC.

[grumbledoak]

Ooops.

[7mike]

Yes but with the amount of fuel they get through they should get hell of a lot of Nectar points to offset the loss