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Archive Home > 2006 > September > 21 > Fuel hedging sure gamble for airlines

Fuel hedging sure gamble for airlines

Horizon Air feels savings; Delta, United overpaying as oil sinks to $61 a barrel

By Chuck Chiang / The Bulletin
September 21, 2006

With oil prices on the decline, fuel hedging - or the pre-purchasing of fuel at a fixed price - has proven to be less than profitable for one national airline with Central Oregon ties.

However, both air carriers directly serving Redmond Airport, Horizon Air and SkyWest Airlines, are relatively....

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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.