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Airlines can't raise the prices of tickets sold months ago. There is still financial reason to hedge.

• leonidasrup 5mo ago
  "All the airlines cancelling flights and adding extra charges amid jet fuel crisis" https://www.independent.co.uk/travel/news-and-advice/jet-fuel-shortage-flight-cancellations-airline-easyjet-ryanair-b2971558.html https://www.independent.co.uk/travel/news-and-advice/jet-fue...
  • Aurornis 5mo ago
    You have to read more than the clickbait headline > While this figure might appear significant, it constitutes a mere 1.5 per cent reduction in total worldwide aviation capacity,
    • leonidasrup 5mo ago
      The article cites airlines which raise the prices of already sold tickets. I agree, the impacts of the current jet fuel shortage are still small.
      • trollbridge 5mo ago
        Hedging at this point is basically done to cover the cost of tickets already sold.
• sheiyei 5mo ago
  The trick is to sell tickets based on the cost at time of sale, and just cancel flights when it's convenient.
  • otterley 5mo ago
    It doesn’t work that way. Canceling flights has significant business-impacting downstream effects that go beyond mitigating the loss caused by a bad bet.
  • toast0 5mo ago
    When airlines cancel flights, they usually put you on a similar itinerary, not just refund your money and hope you rebook at a higher price. That said, I don't know a lot of people that book that far in advance, even when their travel plans are well settled.