China Aviation Oil and JETBLUE AIRWAYS

  • Yishu Shi Jinhua Vocational and Technical College
Keywords: China Aviation Oil, Risk, Techniques, Fuel Hedging, JetBlue Airways, Management

Abstract

China Aviation Oil had to ask for help from the group for the first on October 10, 2004 due to it was unable to operate the subsidiary with huge losses. On December 1st, 2004, after a massive loss of $550 million U.S. dollars, CAO announced an application for bankruptcy protection in court.

References

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[2] Berk J., & DeMarzo, P. (2011). Corporate finance. Harlow: Pearson international.Bloomberg. (2011). Jet Fuel Hedging Positions for US, Canadian Airlines.

[3] Jacobs K. (2012). Narrowing WTI/Brent Spread Could Aid US Airlines. Reuters.

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[5] Mure Dickie. (2004). CAO chief to be questioned in Singapore TRADING LOSSES: Financial Times, p. 34.

[6] Matos P. (2013). 2012 Fuel hedging at JetBlue airways. Virginia: Darden business publishing.

[7] Prystay Cris. (2005). CAO Singapore executives are arrested in trading case. (Company Profile). The Wall Street Journal Eastern Edition, p. A5.

Published
2021-03-25