El Al enhances risk management and hedging operations

El Al, Israel’s national airline, has broken the mould of how many aviation companies hedge their risk exposures to the price of jet fuel by installing risk management and multi-asset front-office technology, which will also manage its exposures to currencies and interest rates.

"In order to enhance our risk management operations, we required a robust set of tools that would allow us to hedge exposures across a wide variety of assets, including a number of very illiquid over-the-counter jet fuel