Fuel is a huge expense for airlines, and even on a good day, jet fuel prices are pretty volatile. Throw in two major wars now effecting energy infrastructure, and fuel prices across the board are higher and higher. Airlines have long tried to manage this expense through fuel hedging, using thin...
Source: [Bloomberg Markets](https://www.bloomberg.com/news/audio/2026-10-02/odd-lots-how-airlines-hedge-higher-fuel-prices-podcast)