Malaysia Airlines CEO Sees Oil Rising to $70 End-of-Year

The video discusses the impact of oil prices on carriers, highlighting the importance of hedging strategies to manage fuel costs. It also addresses the cyclical nature of fuel prices and the challenges faced by the travel industry. Additionally, the weakening of the ringgit against the US dollar is examined, with expectations of potential improvements in currency strength, which could enhance profitability.

What percentage of hedging does the company currently have in place for the current year?

• 65%

• 50%

• 75%

• 85%

What is the expected oil price towards the end of the year?

• Closer to 70

• Around 50

• Around 60

• Closer to 80

How does the company view the cyclical nature of fuel prices?

• As a minor issue

• As an unpredictable event

• As a predictable pattern

• As a rare occurrence

What is a bigger issue for the company compared to fuel costs?

• Weakening of the ringgit against the dollar

• Rising labor costs

• Decreasing demand for travel

• Increasing competition

What is the expected trend for the ringgit against the dollar in the next six to nine months?

• Becoming volatile

• Strengthening

• Staying constant

• Further weakening