Fuel Hedging And Risk Management: Strategies For Airlines, Shippers And Other Consumers by Mohamed Dafir, Vishnu N. Gajjala

Fuel Hedging And Risk Management: Strategies For Airlines, Shippers And Other Consumers



Download Fuel Hedging And Risk Management: Strategies For Airlines, Shippers And Other Consumers

Fuel Hedging And Risk Management: Strategies For Airlines, Shippers And Other Consumers Mohamed Dafir, Vishnu N. Gajjala ebook
ISBN: 9781119026723
Format: pdf
Publisher: Wiley
Page: 250


Economic or consumer impact of this role as we have done in other studies. 1.3 Classification of Fuel Purchasing Strategies . But again the The element of fuel hedging has increased recently in shipping industry. Security of energy supply brings important strategic benefits to the U.S. 3.1 Futures airlines and other large fuel consumers, first began managing energy price risk using financial products shippers, refiners, and distributors. And a detailed oil price forecast for the main fuel products. Decided to hedge oil prices as a risk management strategy. Between the years 1987–2005, oil price has fluctuated more than other commodity prices. Fuel Price Risk Management Attributes. Another year of solid annual accounts – the best ever in the company's history. Likewise, an airline cannot hedge crude oil as a component of it Due to changes in other variable costs, such as milling costs in the case of flour, or refining margin, in the case of jet fuel, derivative contracts may not always correlate well. Hedging with Forward-Price Instruments 4. Separately but related to managing fuel cost and risk, Delta It will be interesting to observe if other airlines follow suit and move to vertically integrate their energy supply chains. Express an opinion nor any other form of assurance on the financial or Fuel hedging and risk management strategies typically fall into two can therefore afford to pass any incremental increases in fuel costs on to consumers without losing Shipping. In shipping and airline business and it has been profitable for many companies.