Airbus unit to offer product to help airlines with revenue volatility

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

A subsidiary of Airbus , the world’s largest planemaker, is preparing to launch a financial product aimed at helping its airline customers hedge ...

A subsidiary of Airbus , the world’s largest planemaker, is preparing to launch a financial product aimed at helping its airline customers hedge against risks to revenue, officials said.

While airline infrastructure and operational commitments are planned years into the future, the majority of airline tickets are sold in the five weeks before take-off, according to a statement from Skytra. “Finally we will have a risk management instrument tailor-made for the air travel industry that will help us manage our exposure to ticket price volatility more efficiently,” said Christine Rovelli, head of treasury at Finnair .

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Toshiba finds doubtful transactions in unit, to revise past statementsToshiba Corp said on Saturday it 'could not confirm existence' of transactions worth some 20 billion yen (US$181.59 million) at one of its ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Sinjia Land completes disposal of unit to KH Investment GroupSinjia Land completes disposal of unit to KH Investment Group.
Source: BusinessTimes - 🏆 15. / 51 Read more »

China will increase imports from US according to 'market principles': officialChina will negotiate with American companies and increase imports of U.S. goods and products according to market principles, an official with its ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Drugmakers slash prices to be eligible for China's bulk-buy programGlobal pharmaceutical majors and generic drugmakers chopped by 53per cent on average prices of some of their off-patent products in the latest ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Gulf carriers fly over Iraq, Iran after military action deters othersQatar Airways, Emirates and several other Gulf airlines still fly in Iraqi and Iranian airspace and to cities in both countries, even as other ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Malaysia govt mulls offering social security protection for citizens working in SingaporeJOHOR BARU - Malaysia's government is studying offering a social security protection scheme for Malaysians working in Singapore to safeguard their welfare, the official Bernama news agency reported on Sunday (Jan 19).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »