This article analyzes the importance of supply-side fluctuations for corporate hedging. To establish a causal link, we … Safe Harbor Reform of 2005. Following the reform-induced expansion in the availability of derivatives, fuel hedging by … financially sound airlines. Similarly, we find that the hedging propensity increased in a general sample of non-financial firms …

In volatile economic environment, it is imperative for the airlines to implement appropriate derivative hedging … implementation of derivative hedging strategies within the non-dominant school of thought as it can be inferred from Carter et al … stage to the final stage with proper monitoring in between. While designing a derivative hedging strategy, the risk manager …