From Japan Times
As Iran war drags on, airlines pull back on fuel hedges and warn on fares
Jet fuel accounts for 30% to 40% of airlines' costs, with European and Asian carriers historically hedging more of their fuel needs than U.S. rivals.
One DemocratPeople. Policy. Progress.Public life & world affairsFrom Japan Times
Jet fuel accounts for 30% to 40% of airlines' costs, with European and Asian carriers historically hedging more of their fuel needs than U.S. rivals.