Losing Bet on Hedging
US airline financial woes deepened in the third quarter as even good news--per-barrel crude oil prices dropping significantly--was tinged with frustration: Carriers hedged fuel at prices that turned out to be much higher than actual prices as the quarter wore on, leading to big noncash charges that...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
