European airlines hold off jet fuel hedging in Iran war gamble
Traders expect prices to fall later this year, giving carriers hope they can lock in lower rates by being patient
Related reading
US airlines face $11bn fuel hit from Iran conflict
American carriers’ decision not to hedge future purchases has left them exposed to sharp swings in oil prices
Airlines in crisis mode as Iran war hits jet fuel supplies
Carriers scale back expansion plans as oil prices soar
European jet fuel supplies under threat as Iran war halts flows
Warnings of supply crunch as imports drop and stocks dwindle
EasyJet warns of widening losses as jet fuel costs soar
Fuel prices have doubled since start of Iran war
Europe’s airlines eye opportunities from Iran war fallout
With services of dominant Gulf rivals disrupted, there is a brief window to provide direct flights that avoid the region’s hubs
Delta to cut routes and raise charges to counter $2bn jet fuel hit
US airline faces higher bill from soaring prices driven by Iran war