Alaska Air plans to record a one-time gain due to an increase in the value of its fuel hedge position
Alaska Air plans to record a one-time gain due to an increase in the value of its fuel hedge position. According to a filing with the Securities and Exchange Commission, the spike in fuel oil prices between Feb. 28 and March 31 caused the hedges to be more valuable. As of March 31, about 21% or $3.1...
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