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Thread: Lufthansa's fuel hedging hit by Lehman crisis (source: Reuters)
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Old Oct 29, 2008 | 2:38 pm
  #6  
oliver2002
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Originally Posted by hch
Normally fuel hedges mean that you can buy the Fuel at prices previously agreeed, but you don't have to.
AFAIK hedge is a bet. If prices go north, the bank pays. If prices go south, LH pays.
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