Singapore Airlines

Awards 2005

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While airline CFOs are having sleepless nights over sky-high jet fuel prices, Goh Choon Phong, senior vice-president of finance at Singapore Airlines (SIA), has belted the carrier onto a consistent fuel hedging policy and steadily navigated it through a turbulent oil market.

One derivatives specialist at a global investment bank says: "They [SIA] definitely stand out in the methodical way in which they look at their risks," adding: "They are a very progressive and proactive firm when it comes