Emirates airline says well hedged on jet fuel, working to contain ticket prices
It said in May it was well hedged on fuel until 2028-29
Emirates Airlines is taking measures to contain ticket prices despite rising jet fuel costs, according to a senior executive. The airline is "half protected and half open to the market" when it comes to hedging against fuel price fluctuations, said Adnan Kazim, the deputy president and chief commercial officer. The disruption caused by the Iran war has driven up fuel prices and led to flight delays and cancellations across the Middle East.
Emirates secured sufficient supplies to support current operations and its return to pre-disruption capacity until 2028-29, Kazim added.
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