PDA

View Full Version : Who Is Held Responsible For SIA's Hedging Losses?


Sammyboy RSS Feed
01-08-2020, 11:30 AM
An honorable member of the Coffee Shop Has Just Posted the Following:

SIA is expected to lose more than $1Billion in oil hedging losses this year.

Who is gg to be held responsible for such big gamble and losses? If they make money from this gamble, SIA Mgmt Board wld be quick to claim credit and pay themselves huge bonuses. Now they lost big. Socialise losses and quietly debit it to shareholders and pay cuts for innocent lower staff and pilots?


Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/who-is-held-responsible-for-sias-hedging-losses.290261/).