Reducing airline labor costs is usually fraught with turmoil, but curtailing fuel consumption is a task on which management and labor usually can agree. For those carriers with cash in the bank, a risk management strategy involving financial instruments may be the most complete-and rewarding-way to smooth out the peaks and valleys. When prices just keep rising, however, as has been the case over the past 12-18 months, even hedging has its limitations. And many cash-strapped airlines ...

Subscribe to Access this Entire Article

"Burn Less, Save More" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.