Euronews
Europe · 1 hrs ago
✦ 78◉ Factual
Brussels Airlines sees no flight cancellations 'for now' amid Middle East tensions
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Brussels Airlines has secured 80% of its jet fuel needs through to year-end via a hedging strategy, enabling it to avoid flight cancellations despite Middle East tensions affecting fuel markets.
Brussels Airlines sees no flight cancellations 'for now' amid Middle East tensions
The Brussels-based airline has secured 80% of its jet fuel needs until the end of the year, but it doesn't hold physically the kerosene, as the fuel was purchased earlier under the airline's hedging strategy.
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