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Finance & Markets

Odd Lots: How Airlines Actually Hedge Higher Fuel Prices

Fuel is a huge expense for airlines and with two major wars now affecting energy infrastructure, fuel prices across the board are higher and higher. David Kang, former group treasurer at Qatar Airways, joins Tracy Alloway and Joe Weisenthal on the Odd Lots podcast to discuss how airlines use swaps and options to hedge against future increases in the price of jet fuel. (Source: Bloomberg)

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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US labour market: Softer jobs ease Fed hike risk – ABN Amro

ABN Amro’s Rogier Quaedvlieg notes September US labour market data came in weaker than expected, with payrolls at 29k versus consensus 90k and prior months revised down by 60k. He see the report as mixed but consistent with its base case and reducing pressure for an October Fed hike.

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