Sunday, February 28, 2010
U.S. airlines more cautious on '10 fuel hedges | Reuters
U.S. airlines more cautious on '10 fuel hedges | Reuters: "Top U.S. airlines are taking a more cautious, though varied, approach to fuel hedging this year, after incurring blistering losses from hedges in 2008 when oil prices spiked then tumbled."And then in what has been a test question, the article answers how can they hedge the downside, while benefiting if jet fuel prices fall:" Buying some
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