燃油套期保值
燃油套期保值-
总部设在香港的国泰航空（CathayPacific）昨日公布了公司63年历史上最大的年度亏损，原因是航空旅行需求急剧下降，同时公司在燃油套期保值上押错了方向。
Cathay Pacific yesterday reported its biggest annual loss in its 63-year history as the Hong Kong-based carrier felt the impact of a sharp fall in demand for air travel and wrong-way bets on fuel costs .
-
一度创纪录的原油价格导致燃油价格居高不下，对这些航空公司造成了损害；而随着近期油价下跌，三家公司中至少有两家又因为燃油套期保值交易而遭受了损失。
The airlines were hurt by rising jet fuel prices that went up as crude oil shot to record levels , then at least two of them got burned as oil fell and they lost money on hedging programs .