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Chinese airlines gain from no-hedge policy

Big Three expected to post at least 70 per cent surge in net income for 2015 amid plunge in oil prices

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China's airlines are reaping the benefits of a policy not to hedge in the oil market, unlike some of their rivals across the Asia-Pacific.

Beijing

CHINA'S airlines are reaping the benefits of a policy not to hedge in the oil market, unlike some of their rivals across the Asia-Pacific.

The "Big Three" - Air China Ltd, China Southern Airlines Co and China Eastern Airlines Corp - will report next week at least a 70 per...

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