American Airlines to stop fuel hedging after merger

American Airlines - fuel hedging benefits in 2011
American Airlines: hedging grounded

The world's largest airline in terms of passenger traffic will stop hedging its jet fuel costs, its new chief executive has announced.

American Airlines Group (AAG) – the Texas-based airline giant that resulted from the merger of US Airways and AMR Corporation, the parent company of American Airlines – will allow its current hedges to roll off and does not envision entering into any new ones going forward, chief executive Doug Parker said during a January 28 conference call on the company's late