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Factbox: How European airlines have hedged against fuel price increases

Spot Northwest European jet fuel prices were at $955 per metric ton on Wednesday, up 5% from before the assault. The group has hedged 70% of its jet fuel consumption for the fourth quarter of 2023 and 64% for the first quarter of 2024, for $1,026 per ton and $978 per ton, respectively. The Finnish carrier, which said in October its quarterly operating result was hurt by higher fuel prices, hedges its fuel purchases for 12 months on a rolling basis.
United Kingdom Louis Van Boxel Woolf Milla Nissi Edwina Gibbs Camilla Borri British Airways
Source: yahoo.com

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