MAS stands to lose RM3bil in hedging costs
Filed Under (Business News) by Fred Chan on 05-03-2009
Tagged Under : AirAsia Bhd, Malaysia Airlines, MAS, oil hedge
Malaysia Airlines (MAS) stands to chalk up close to RM3bil in hedging costs over the next two years while its competitor AirAsia Bhd enjoys the benefits of lower crude oil prices, analysts say.