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| January 27, 2009 |
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Continuing the charge of delivering the best-read, most relied upon information in the commercial airline industry, we bring you ATWOnline In-Depth. This Web-only exclusive examines a hot topic that deserves further analysis and reporting. As a subscriber to ATW Daily News, you receive your copy of ATWOnline In-Depth as soon as it is available each month! Airlines' losing gamble: Carriers suffer big losses on fuel hedging, face future liabilities Initial financial reporting for full-year 2008 indicates that the steep drop in fuel prices in the second half of the year was a double-edged sword for airlines around the world, many of which suffered significant losses on hedging programs. Some have serious hedging liabilities going forward if per-barrel crude oil prices remain low; programs that often paid off in the past now are biting back. [MORE]
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