Airline

Singapore Airlines records $710 million Q1 hedging loss

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Singapore Airlines records $710 million Q1 hedging loss

The  recent dramatic fall in oil prices saw Singapore Airlines record a $710 million mark-to-market loss on its fuel hedging programme in the first quarter, a figure just shy of the carrier’s net fuel bill of $1,080 billion and with further losses  predicted for the second quarter at least. Coll...

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