Singapore Airlines

[specuvestor]

I would think their fuel hedge losses will be tapering off QoQ as they would not be hedging much for 2H20, though there's still possibly residual of long dated hedges

Cut 4,300 positions:
1. 2,400 from Singapore and Oversea stations
2. 1,900 from job freeze, early retirement and voluntary release
Goh Choon Phong: "The next few weeks will be some of the toughest in the history of the SIA Group as some of our friends and colleagues leave the company. We will conduct this process in a fair and respectful manner, and do our best to ensure that they receive all the necessary support during this very trying time."
https://links.sgx.com/FileOpen/NE-1420.a...eID=631225

I try not to read in between the line but I couldn't stop myself for imagining significant losses from fuel hedge.

I hope I am wrong.

Stay home and stay safe, everyone.