American Airlines is sticking to its strategy of not hedging fuel costs, a decision it says has saved $673 million this year. American is continuing the longstanding practice of US Airways’ management to not hedge. COO Robert Isom told investors recently that American paid $1.67 per gallon for fuel this year, lower than its competitors. United Airlines paid an average of $1.89 per gallon for fuel, and Delta Air Lines paid an average of $1.80, according to those airlines’ ...

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