Print Page - Hedged fuel price

Title: Hedged fuel price
Post by: ban2 on October 23, 2016, 05:55:31 AM

My hedge manager tells me I am paying 257 + 7.4%.

However on fuel page it says I am paying 276?

What am I missing? Because that equation does not equate for me.

Title: Re: Hedged fuel price
Post by: Luperco on October 23, 2016, 09:10:41 AM

257 plus 7.4% is exactly 276.018 (257 * 1.074).

Seems ok to me.

Title: Re: Hedged fuel price
Post by: ban2 on October 23, 2016, 10:37:27 AM

Ok this is a time my mental arithmetic let me down, should have used a calculator :-[

Thanks for the quick response :)

Lesson learnt.

AirwaySim

General forums => General forum => Topic started by: ban2 on October 23, 2016, 05:55:31 AM