AirAsia Firms Up Fuel Hedging For The Second-Half Of 2006

AirAsia completed its fuel hedging structure for the second half of 2006. Before it finalized the latest transaction, the carrier was only 50% hedged for the last six months of next year. The airline's hedge is based on the West Texas Intermediate benchmark (WTI), with a pricing band of US$48 to US...

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