Jet Fuel Cost Shocks Strain Airlines with Limited Hedging Options – IATA

IATA Raises Concern Over Airlines’ Uneven Fuel Hedging Capacity

The International Air Transport Association (IATA) has warned that airlines globally are being unevenly affected by jet fuel price volatility, noting that not all carriers are positioned to hedge their exposure to rising fuel costs. The warning was issued by IATA’s Head of Fuel, Daniel Chereau, at the S&P Global Energy Middle East Petroleum and Gas Conference, according to a Reuters report on Wednesday. The development comes as jet fuel refining…

Many Airlines Hit Hard by Jet Fuel Price Swings, Not All Can Hedge, IATA Says - Energy News, Top Headlines, Commentaries, Features & Events

By Robert Harvey LONDON, June 3 (Reuters) – Many airlines have been hit hard by price swings in ​the jet fuel market, and some are not in ‌a position to hedge their exposure, the International Air Transport Association’s head of fuel said on Wednesday. Some airlines with more elaborate hedging strategies get a bit ​of ...

Jet Fuel Cost Shocks Strain Airlines with Limited Hedging Options – IATA

Jet fuel price volatility is hitting airlines hard globally, with the International Air Transport Association (IATA) warning that not all carriers are in a position to hedge their exposure to rising fuel costs.  Jet fuel price volatility is hitting airlines hard globally, with the International Air Transport Association (IATA) warning that not all carriers are in a position to hedge their exposure to rising fuel costs. The warning was issued by …

Jet fuel cost shocks hit airlines with limited hedging options – IATA

Jet fuel price volatility is hitting airlines hard globally, with the International Air Transport Association (IATA) warning that not all carriers are in a position to hedge their exposure to rising fuel costs.  The post Jet fuel cost shocks hit airlines with limited hedging options – IATA appeared first on Nairametrics.

Jet fuel price shocks hit airlines hard, warns IATA

Speaking at the S&P Global Energy Middle East Petroleum and Gas Conference on Wednesday, Daniel Chereau, IATA's head of fuel, warned that surging refinery profit margins—known in the industry as crack spreads—have severely damaged the aviation sector. While some airlines with advanced financial hedging strategies have a temporary cushion, many lack the ability to protect themselves from the financial shock, News.Az reports, citing Reuters. The o…

Many airlines hit hard by jet fuel price swings, not all can hedge, IATA says

Some airlines with more elaborate hedging strategies ​get a bit ​of a cushion