Shippers are facing more increases in airfreight costs as the surge in oil prices lifts carrier fuel surcharges.
And the airlines themselves face a dilemma over fuel price hedging.
The price of oil gushed through the $75-a-barrel mark on 13 July after two and a half years – it had been nudging upward this year and so far has gained about 43%.
Inevitably, that has pushed up not only the airlines’ fuel costs, …
The post Oil price volatility thrusts airline hedging strategies into the spotlight appeared first on The Loadstar.
Source: The Loadstar