- This really should be bigger news.
- Given that we have the facts about what it is doing to them, can we agree that if Europe doesn't like the existing trajectory of the geopolitical system their only options are to either change it by themselves or compel one or more allies to change it?
- There's also the third option that's usually taken: condemnation of the trajectory.
- Remember the days when airlines used to hedge their exposure to fuel prices...???
- You can't really hedge a true shortage. You'll get some money, but you can't pump money into a fuel tank.
- Euro airlines hedge quite a bit actually - Ryanair is one of the most hedged airlines around. US airlines do it a lot less these days; Delta has their own refinery instead.
Hedging won't make more jet fuel appear though
- It looks like quite a few international airlines (most?) hedge their exposure, and some have even been increasing lately:
https://www.reuters.com/business/energy/how-airlines-have-he...
- Orange lord be praised.
- Another 3 years to go I think?
God it already feels like a century.
- Because the next one won’t bend the knee to Israel.
