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Amid rising geopolitical tensions, a recent 7% surge in West Texas Intermediate (WTI) crude has renewed focus on airline fuel ...
As previously discussed on Simple Flying, the largest operational expense that airlines face is the cost of fuel which, ...
It’s a practice known in the industry as fuel hedging. American Airlines, which merged with US Airways, last year adopted that carrier’s policy of not hedging, which allowed American to take ...
The sharper rise in refined fuel prices highlights Europe’s reliance on Middle Eastern imports. “It is one of the most ...
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Why Southwest Airlines Finally Soured on Jet Fuel HedgingIn its finance function, it is getting rid of fuel hedging. Southwest, the discount carrier known for bucking industry trends, is abandoning the strategy because it is too costly, and hasn’t ...
Delta reported a $712 million loss after taking $1.4 billion in special charges, mostly hedging losses. Excluding those items, Delta would have earned $649 million, or 78 cents per share.
Besides an innovative point-to-point network and a focus on customer satisfaction, one of Southwest's key differentiators has been its fuel hedging program, which it started in 1994. The idea was ...
fleet managers are turning to fuel hedging as insurance to control fuel spend, the second highest fleet cost behind depreciation, because low prices may inevitably rise in the not-to-distant future.
As a part-time follower of news affecting the electric utility industry, I recently read that the Florida Public Service Commission put a halt to fuel hedging by the big Florida utilities.
LONDON (Reuters) - European airlines have reduced their fuel hedging exposure for next year after suffering from multi-million dollar losses this year. But analysts said hedging will help airlines ...
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