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Fuel hedging US airlines get burned again

Oil glut and depressed prices result in hedged airlines doling out cash to parties on the other side of the bets

New York

AT least two US airlines have started hedging their fuel costs after a months-long hiatus. The early result: more losses.

Southwest Airlines Co and United Continental Holdings Inc have added new hedges against a rise in oil prices just months after bets last year cost them

sentifi.com

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