April 29, 2019 / 1:53 PM / 22 days ago

TABLE-Jet fuel hedging positions of European airlines

    LONDON, April 29 (Reuters) - The following table shows the percentage of
planned jet fuel consumption hedged by European airlines to protect themselves
against price fluctuations, and the baseline price. 
    The figures are based on company quarterly and annual results or company
statements.
    
 Company           Disclosure  Period                     Hedging     Price
                   date                                   percentage  
 Air France KLM    20/02/2019  2018                               60  $651/tonne
                                                                      
 (price after                  2019                               59  $693/tonne
 hedge, based on                                                      
 forward curve at                                                     
 15 February                                                          
 2019)                                                                
                               2020                               33  $717/tonne
                               Q4 2018                            59  $683/tonne
                               Q1 2019                            61  $658/tonne
                               Q2 2019                            61  $686/tonne
                               Q3 2019                            61  $708/tonne
                               Q4 2019                            55  $717/tonne
 EasyJet           20/11/2018  6 months to 31 March 2019          69  $567/tonne
                               Full year to 30 Sept 2019          65  $571/tonne
                               Full year to 30 Sept 2020          45  $654/tonne
 Flybe             14/11/2018  H2 2018/19                       96.9  $606/tonne
                               H1 2019/20                         85  $718/tonne
 IAG*              28/02/2019  Q1 2019                            98  n/a
                               Q2 2019                            86  n/a
                               Q3 2019                            79  n/a
                               Q4 2019                            69  n/a
                               Q1 2020                            56  n/a
                               Q2 2020                            47  n/a
 Lufthansa         14/03/2019  Full year 2018             79 (10.8    $666/tonne
                                                          mln t)      
                               Full Year 2019             76 (11 mln  $698/tonne
                                                          t)          
                               Q1 2019                    82 (2.4     $661/tonne
                                                          mln t)      
                               Q2 2019                    81 (3 mln   $695/tonne
                                                          t)          
                               Q3 2019                    77 (3.0     $709/tonne
                                                          mln t)      
                               Q4 2019                    65 (2.6     $722/tonne
                                                          mln t)      
 Norwegian Air     08/01/2019  H1 2019                            52  $681/tonne
                                                                      
                               H2 2019                            22  $680/tonne
 Ryanair           04/02/2019  Fiscal year 2019                   90  $583/tonne
                               Q1 fiscal year 2019               n/a  $547/tonne
                               Q2 fiscal year 2019               n/a  $547/tonne
                               Q3 fiscal year 2019               n/a  $624/tonne
                               Q4 fiscal year 2019                90  $625/tonne
                               Fiscal year 2020                   90  $709/tonne
                               Q1 fiscal year 2020                90  $717/tonne
                               Q2 fiscal year 2020                90  $718/tonne
                               Q3 fiscal year 2020                90  $723/tonne
                               Q4 fiscal year 2020                90  $667/tonne
                               Q1 fiscal year 2021                13  $628/tonne
                               Fiscal year 2021                    3  $628/tonne
 SAS               29/01/2019  Feb-Apr 2019                       96  $650-$700/
                                                                      tonne
                               May-July 2019                      99  $701-$750/
                                                                      tonne
                               Aug-Oct 2019                       68  $650-$700/
                                                                      tonne
                               Nov 2019 - Jan 2020                24  $601-$649/
                                                                      tonne
                               Feb-Apr 2020                       37  $650-$700/
                                                                      tonne
 Finnair           24/04/2019  H1 2019                            76  n/a
                                                                      
                               H2 2019                            69  n/a
 Wizz              30/01/2019  Fiscal year 2019 (3                82  $618-$672/
                               months)                                tonne
                               Financial year 2020 (12            53  $639-$700/
                               months)                                tonne
 

* Includes British Airways, Iberia, Vueling and Aer Lingus





 (Reporting by Ahmad Ghaddar, editing by Louise Heavens)
  
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