BLOOMBERG Asia Edge March 30, 2015
Report. Michael, what is going on . Michael we have earnings out from China Southern probably the drop in the price of fuel. Angie that is the key. What has fuel been doing to allow these stocks to search . Michael the key is what the airlines have been doing. The difference is the chinese and hair airlines have not been hedging their fuel prices. We saw pacific, they had been hedging their purchases and it came back to haunt them. They made a decision when prices were falling a few years ago that they were not do that. Hedges are basically insurance. A risk that you are taking. The more confi...
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