Northern European Start-Up Airlines Prepare For Tough Winter

Norse
Credit: Photofex / Alamy Stock Photo
AMSTERDAM—Long-haul newcomer Norse Atlantic Airways has no fuel hedges in place and Icelandic LCC PLAY is only hedged to 30%, exposing the airlines to differing levels of fuel-price volatility over the weaker European winter months. “We are unhedged,” Norse Atlantic VP of sales, marketing &...

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