Loading
22-Jan-2010 1:11 PM

easyJet announces fuel hedging positions to Sep-2011

easyJet announced (21-Jan-2010) plans to implement the following fuel and currency hedging positions:

  • Six months to 31-Mar-2010:
    • 65% of anticipated USD requirements hedged using forwards at USD1.78;
    • 76% of anticipated Jet requirements hedged using forwards at USD763/MT;
    • 87% of anticipated EUR surplus hedged using forwards at EUR1.17
  • Six months to 30-Sep-2010 :
    • 60% of anticipated USD requirements hedged using forwards at USD1.64;
    • 80% of anticipated Jet requirement hedged using forwards at USD728/MT;
    • 76% of anticipated EUR surplus hedged using forwards at EUR1.14;
  • Full year to 30-Sep-2010:
    • 62% of anticipated USD requirement hedged using forwards at USD1.70;
    • 78% of anticipated Jet requirement hedged using forwards at USD743/MT;
    • 80% of anticipated EUR surplus hedged using forwards at EUR1.15;
  • Full Year to 30-Sep-2011:
    • 42% of anticipated USD requirement hedged using forwards at USD1.62;
    • 29% of anticipated Jet requirement hedged using forwards at USD733/MT;
    • 40% of anticipated EUR surplus hedged using forwards at EUR1.08. [more]

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More