HEDGING HAZARDS
Southwest Airlines saved $20.4 million during the second quarter by fuel hedging--buying crude oil and heating oil contracts that serve to offset increases in jet fuel prices--but the technique may boomerang in the future, the company said in a Securities and Exchange Commission filing. Southwest...
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.