Daily Archives: January 21, 2015

Someone please explain Air India’s reported fuel hedging plan?

Air India Boeing 787-8 Dreamliner line number 35 test registered N1015 (later became VT-ANH) at the India Aviation show, Hyderabad March 2012. Photo copyright Devesh Agarwal.

On January 19th, Bloomberg reported that national carrier Air India will commence large scale fuel hedging for the first time. The story was promptly picked up and reported by many leading Indian newspapers the next morning, including The Business Standard and The Mint. As per the story, “Air India is hedging 2 million barrels of aviation turbine fuel annually at …

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