Tuesday, December 23, 2014

Exclusive - U.S. airlines confront cheap oil's flip side: costly hedges

NEW YORK (Reuters) - Some major U.S. airlines including Delta and Southwest are rushing to finance losing bets on oil and revamp fuel hedges as tumbling crude prices leave them with billions of dollars in losses, according to people familiar with the hedging schemes.






from Reuters: Most Read Articles http://ift.tt/1wZ2Y9o http://www.reuters.com

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