Jet Fuel Price Risk and Proxy Hedging in Spot Markets: A Two-Tier Model Analysis
This paper applies a two-tier model based on fuel hedging (model 1) and the testing of the impact of commodity risk on airline capacity forecasting, which is based on a system dynamics framework (model 2). Model 1 provides a comprehensive examination of the worldwide airline industry, including an a...
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| Format: | Article |
| Language: | English |
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MDPI AG
2023-08-01
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| Series: | Commodities |
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| Online Access: | https://www.mdpi.com/2813-2432/2/3/17 |