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Rising fuel prices may hit more airlines
www.todayonline.com
[TODAYonline] - Sooner or later, the jet fuel price will have to pass on," said Purvin & Gertz managing consultant Yeo Yu Kin. Singapore Airlines (SIA), for instance, typically hedges between 20 and 60 per cent of its fuel requirements. Currently, SIA says it is
Soaring fuel prices bite airlines
www.channelnewsasia.com
[Channel News Asia] - Yeo Yu Kin , managing consultant, Purvin & Gertz Inc, said: "Hedging helps smooth out the curve but if the underline price is going up all the time and stay high. Sooner and later, the jet fuel price will have to pass on." Singapore Airlines says they
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