Moves At Air China To Save, And Raise, Cash
Air China hopes by 2007 to be saving up to CNY1 billion (US$121 million) -- 2% to 3% of its operating costs -- partly through stepped-up hedging of fuel purchases. An Air China official in Beijing said the airline plans to hedge 22%-50% of its jet fuel next year, which should save about CNY230...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
