Does hedging against fuel price movements increase airline value?

Michael Giberson Platts reports an airline financial analyst as telling an industry group that hedging fuel costs is a waste of time. The world’s airlines should stay away from trading oil derivatives and hedging in general because the exercise had proven to be “a waste of time,” the head of Asia transport research at Swiss … More Does hedging against fuel price movements increase airline value?More Does hedging against fuel price movements increase airline value?