Minimizing Risk Techniques for Hedging Jet Fuel: an Econometrics Investigation


The aim of this paper is to discuss the hedging techniques that a company based in an emerging market country can use to hedge the risk associated with jet fuel or kerosene. The company can be an airline company or a market intermediary offering contracts on this important commodity. An empirical analysis reveals two main directions for minimum risk hedging… (More)


8 Figures and Tables