Air China CFO wants simpler fuel hedges; other airlines remain unhedged

Air China will seek simpler hedging strategies when its current contracts expire. Meanwhile, other airlines in Asia are taking differing approaches to hedging, with some risking big profit losses by staying completely unhedged.

Aeroplane - jet fuel hedging - taking off

Air China executives say that the carrier needs to look into simpler products for future hedging "so we can really bring about some hedging effects", according to Cheng Fan, vice-president, executive director and chief financial officer for Air China, speaking at the company's annual results announcement in Hong Kong via translator on March 31.

Air China has maintained many of its previous 2008 contracts, with the CFO noting that many of them will expire in July this year. In 2008 the carrier

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

CTRM systems 2024: market update and vendor landscape

A Chartis report on commodity trading and risk management systems that considers its different applications and addresses the market and vendor dynamics to determine the long-term and structural impacts of the overarching market evolution on the…

Chartis Energy50 2023

The latest iteration of Chartis' Energy50 2023 ranking and report considers the key issues in today’s energy space, and assesses the vendors operating within it

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here