Hedging prevents airfares from tracking European jet fuel costs
Oil Markets · S&P Global Platts
January 23, 20143m 51s
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Show Notes
Andrew Bonnington, editorial director for European and African Oil, discusses why airfares have not fallen in line with jet fuel prices, with Philippe Casey from the jet fuel desk. As the public outcry for lower airfares grows, Andrew and Philippe examine why hedging in the paper market prevents...