KQ goes slow on fuel hedging after steps that didn’t pay off

With 35-40 per cent of airlines industry costs tied to fuel, volatility in oil prices is always a big concern for the industry.

Most gamble through this dilemma by hedging on the cost of fuelling but with varied results. For instance the slump in global oil prices by at least 70 per cent over the last two years has brought with it a mixed bag for airlines.