Derivative as a Form of Insurance on Oil Price: A Case Study on British Airway

Abstract Over the past ten years, the increasing price of jet fuel is putting constant pressure on the airline industry. Since the jet fuel cost is the second largest operating expenditure in the airlines sector, even a small increase in the fuel price would lead a significant of expenditure on...

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Bibliographic Details
Main Author: Wang, Hongfei
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2007
Subjects:
Online Access:https://eprints.nottingham.ac.uk/21421/