Below are insights into jet fuel hedging and price estimates from some of the largest US airlines at end of Q1, based on company statements and conference call transcripts. United was excluded this quarter due to lack of information.
American
- 2Q
fuel price $2.75/gal. to $2.95/gal.
Delta
- 2Q
fuel price $2.70/gal. to $2.90/gal.
Southwest
- Fuel consumption covered by derivatives:
- 2Q fuel price $2.70/gal. to $2.80/gal.
- 2024 fuel price $2.70/gal. to $2.80/gal.
Alaska
- Crude oil hedge program
suspended in 4Q of 2023- Existing positions entered before suspension will settle through 1Q 2025
- All future oil positions are call options to ...
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