It looks like quite a few international airlines (most?) hedge their exposure, and some have even been increasing lately: https://www.reuters.com/business/ener

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-hedged-against-fuel-price-increases-2026-03-12/ https://www.reuters.com/business/energy/how-airlines-have-he...