haku: @all futures / yhteensä: 153
viite: 151 / 153
| Tekijä: | Rao, V. K. |
| Otsikko: | Fuel price risk management using futures |
| Lehti: | Journal of Air Transport Management
1999 : JAN, VOL. 5:1, p. 39-44 |
| Asiasana: | Risk management Prices Fuel Stock markets USA |
| Kieli: | eng |
| Tiivistelmä: | This study's primary objective is to investigate whether an ongoing policy of hedging jet fuel price risk using heating oil futures contracts reduces the volatility of income of an average major aitline in the U.S. The results indicate that hedging has the potential to reduce the unexplained volatility of the average airline's quarterly income by more than 20 per cent. Thus, the results suggest that the usefulness of hedging is not restricted to protecting weak airlines. In addition, in this study there are more results in detail. |
SCIMA