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Thread: Lufthansa's fuel hedging hit by Lehman crisis (source: Reuters)
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Old Oct 29, 2008 | 1:33 pm
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hch
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Originally Posted by oliver2002
With fuel prices in free fall that must be a good thing?
Normally fuel hedges mean that you can buy the Fuel at prices previously agreeed, but you don't have to. If fuel prices stay as low as they are during 2009 the Lehman failure shouldn't have any impact on LH. If they raise above their hedged value OTOH LH list the money they spent on the hedges without getting the lower prices.
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