A Message to the Airlines
Hedge your fuel costs. NOW. Take a loan if you have to.
To be fair, I'm not sure that Jet A contracts are trading at prices that reflect oil at $80 a barrel -- but if they are, do it. Do it big; buy supply for 10 years out. I would imagine that injecting a little confidence on demand into the market could only help.
To be fair, I'm not sure that Jet A contracts are trading at prices that reflect oil at $80 a barrel -- but if they are, do it. Do it big; buy supply for 10 years out. I would imagine that injecting a little confidence on demand into the market could only help.
posted by Sameer | 10:47 AM
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