Singapore-Air New Zealand has seen its unbooked hedging losses balloon to $134 million, a 64% surge in the hit the airline could take to its bottom line from attempting to manage its exposure to the world's risky and volatile oil markets.The flagship carrier, in a statement to the Australian stock exchange January 23, said unbooked hedge positions for its 2009 financial year, which runs from April 2008 to March 2009, stood at $126.39 million-a leap of 55% from the unbooked losses of $81.7 million it last reported to shareholders October 24.
展开▼
