Bloomberg News

Delta Air Hedged 40 Percent of Jet Fuel for First Half of 2012

October 26, 2011

Oct. 26 (Bloomberg) -- Delta Air Lines Inc. hedged about 40 percent of its fuel needs for the first half of next year, said Ed Bastian, president of the company.

The airline hedged 15 percent to 20 percent of its fuel for the rest of 2012 at rates at or below current prices, Bastian said yesterday, a conference call transcript showed.

--Editors: Raj Rajendran, Alessandro Vitelli.

To contact the reporter on this story: Rachel Graham in London rgraham13@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net


Too Cool for Crisis Management
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus