Browsing Strathmore Institute of Mathematical Sciences (SIMs) by Subject "Foward contracts"
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Fuel provisions versus hedging using forward contracts - which is the optimal strategy
(Strathmore University, 2014-03-24)Over the past years, the ever increasing prices of jet fuel have been a source of risk for the airline industry. Jet fuel is the second largest operating expenditure for airlines. It is for this reason that airlines need ...