Low volatility and industry consolidation reduce need to hedge
Fear of further plunges makes airlines reluctant to hedge, say dealers
Preliminary opinion of advocate-general says that US and Asian airlines cannot opt out of EU emissions trading next year
The commercial airline sector will have to buy 82 million tonnes of carbon allowances next year in addition to free allowances, according to an aviation consultancy
The weak dollar is giving airlines outside the US some relief from the impact of high fuel costs, according to their latest financial results, reports Risk’s sister publication, FXWeek .
Collateralised debt obligation (CDO) investors assessing their credit risk exposure should be aware that recovery prospects among airlines bonds vary dramatically from company to company, according to Goldman Sachs.