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AFI-KLM leads EU airlines’ cuts to fuel hedging policies

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AFI-KLM leads EU airlines’ cuts to fuel hedging policies

Air France-KLM has led cuts in fuel hedging by Europe’s airlines during the third quarter, fuel prices headed for the first annual decline in six years.AFI-KLM reduced the value of the jet fuel it hedged by $338 million for the period compared with a year earlier, according to company data.Jet fue...

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