Home › United Airlines dumps losing hedges, mulls new ones for long term
 

Keywords :   


United Airlines dumps losing hedges, mulls new ones for long term

2015-01-10 02:13:36| Airlines - Topix.net

The Chicago-based carrier reported Friday that it has shrunk its hedge position to cover 22 percent of the fuel it consumes in 2015, down from the 24 percent it had anticipated when oil prices were higher. The airline said it did so at a cost, raising its average fuel expenses last quarter to $2.83 per gallon from up to $2.76 per gallon, the price it had estimated on Dec. 8. This move represents just one step of a broader effort parent company United Continental Holdings Inc has taken to evaluate its fuel hedges, a United spokesman told Reuters.

Tags: long united term losing

Category:Transportation and Logistics

Latest from this category

All news
29.06Tropical Storm Beryl Graphics
29.06Tropical Storm Beryl Forecast Discussion Number 3
29.06Summary for Tropical Storm Beryl (AT2/AL022024)
29.06Tropical Storm Beryl Public Advisory Number 3
29.06Tropical Storm Beryl Wind Speed Probabilities Number 3
29.06Tropical Storm Beryl Forecast Advisory Number 3
29.06Atlantic Tropical Weather Outlook
29.06Eastern North Pacific Tropical Weather Outlook
Transportation and Logistics »
29.06Weekly Recap: PPG, Hempel, Beckers Group Top This Weeks Stories
29.06Tropical Storm Beryl Graphics
29.06Tropical Storm Beryl Forecast Discussion Number 3
29.06Tropical Storm Beryl Public Advisory Number 3
29.06Summary for Tropical Storm Beryl (AT2/AL022024)
29.06Tropical Storm Beryl Wind Speed Probabilities Number 3
29.06Tropical Storm Beryl Forecast Advisory Number 3
29.06Eastern North Pacific Tropical Weather Outlook
More »