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Wizz Air against high fuel prices

Hedge contracts kick off to get propellant at cheaper prices

Hungarian low-cost air carrier Wizz Air is seeking a solution to rising fuel prices. For this reason, the airline is deciding to adopt and sign hedging contracts to protect itself from the risk of price volatility that threatens the industry's post-pandemic recovery.The mechanism works like this. Airlines fix fuel prices before they rise under the pressure of various contingent factors (from inflation...

Gic - 1245145
Budapest, Hungary, 06/17/2022 09:07
AVIONEWS - World Aeronautical Press Agency

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