Qantas’s head of risk: hedging programme is too conservative

ist-10273060-planegrass

A conservative hedging strategy has served Qantas well in the past, but it may be time for the Australian airline's risk programme to spread its wings, says Andrew Bissett, head of risk. "We are ultra-conservative in our hedging strategies, as we mainly buy option premiums and forward contracts," says Bissett when speaking to Energy Risk at its conference in Singapore. "While I do think that we are sometimes too conservative and the company could take more risks within its hedging programme,