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Oil's fall undercuts airlines' hedges on fuel co…
Before energy costs surged this summer, most of the nation's airlines locked in the price of some of their jet fuel. But with oil falling from its midsummer peak, that strategy is costing the companies money.
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Oil's fall undercuts airlines' hedges on fuel costs
Before energy costs surged this summer, most of the nation's airlines locked in the price of some of their jet fuel. But with oil falling from its midsummer peak, that strategy is costing the companies money.
Date: 9/17/06
Views: 628
Video by:  CNBC
 
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