Feeling the heat

Fuel price volatility is proving a headache for corporate treasurers, some of which put on hedges just as prices spiked last year, and now face significant uncertainty regarding the future direction of prices. Joe Marsh looks at how airlines in the region are responding

asiarisk-mar07-coverstory-gif

The captains of Asia's airline industry - along with business heads at other fuel-intensive companies - undoubtedly breathed a collective sigh of relief as fuel prices trended down steadily in the past six months. The global benchmark West Texas Intermediate (WTI) crude oil spot price was hovering around $60 a barrel (bbl) in mid-February - dropping as low as $49.90/bbl in January - down from its record high of $78/bbl in August last year. And jet fuel prices have closely tracked this trajectory

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here