Surveillance: UK Credibility with Diamond
Bloomberg Surveillance
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We've Hedged Our Dollar Exposure on Our Capeks
We employ by eight thousand people in the uk. With a lot of airports and handling costs in the uK. We are short long dollar. Thankfully, we've largely heged on capeks. Our opjecs is hedged out until the middle of 20 23,. And we hedged the oil as wells we bought out next april at about 64 dollars a barrel. So we've been lucky and fortunate in being very well hedged. But a lot of our competitors in europe, who are buying a neu s dollar assian for the aan industry, aircraft fuel and spares are all in dollars. It's a very difficult time, michael. Let
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