udymorgan
30-05-2005, 06:20 PM
RECENTLY I READ FROM BLOOMSBERG SITE THAT WHILE MANY AIRLINES ARE LOOSING PROFITABILITY DUE TO THE RECENT RISE IN OIIL PRICE, SOUTHWEST AIRLINES (AN AMERICAN ORGANIZATION) DOUBLED THEIRS BECAUSE THEY PRACTICE FUEL HEDGING.
PLEASE KINDLY HELP ME UNDERSTAND WHAT FUEL HEDGING IS. THANK YOU.
PLEASE KINDLY HELP ME UNDERSTAND WHAT FUEL HEDGING IS. THANK YOU.