Tag Archives | airlines

Business travel – just when it couldn’t get any worse

Just when it looked like a bad year for business travel couldn’t get any worse, along comes swine flu, and even the most determined of travellers is going to think again.   Chemical conference and exhibition organisers must be quaking in their shoes as commercial and health concerns combine in a “perfect storm” of factors […]

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Fuel hedging a disaster for Air France-KLM

The airline Air France-KLM blamed fuel hedging for its heavy third-quarter losses, and announced that it would be scrapping the disastrous strategy in 2009. While crude oil prices fell from the $140s/barrel to $47/barrel, the airline’s fuel hedging policy had cost it €288 million in the third quarter of 2008, according to this article in […]

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