11 Hrs
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الاقتصادية
Aircraft fuel tests in Europe Ryanair's risky choice
The article discusses the challenges faced by European airlines amidst rising jet fuel prices due to the conflict in the Middle East, with a focus on the hedging strategy they employ to mitigate the impact of price fluctuations. Irish company Ryanair is highlighted as the most resilient and willing to take risks thanks to its strong financial position. In contrast, other airlines such as easyJet and Wizz Air continue to implement hedging policies, giving them an advantage in coping with market volatility. Forecasts suggest that Ryanair could achieve over 4 billion euros in profits over the next two financial years, while other airlines are experiencing declining profits due to increased costs.
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