Fuel hedging and risk management
Subtitle: strategies for airlines, shippers and other consumers
By: S. Mohamed Dafir, Vishnu N. Gajjala
Contributors: Gajjala, Vishnu N., 1984- author
Series: Wiley finance series; Wiley finance series
Published: 2016
Language: eng
Number of pages: 289
ISBN-13: 9781119026723
Subjects: Risk management; Fuel; Finance; Hedging (Finance); Accounting; Commercial Aeronautics; Airplanes
Description: "Fuel Hedging and Risk Management: Strategies for Airlines, Shippers and Other Consumers provides a clear and practical understanding of commodity price dynamics, key fuel hedging techniques, and risk management strategies for the corporate fuel consumer. It covers the commodity markets and derivative instruments in a manner accessible to corporate treasurers, financial officers, risk managers, commodity traders, structurers, as well as quantitative professionals dealing in the energy markets. The book includes a wide variety of key topics related to commodities and derivatives markets, financial risk analysis of commodity consumers, hedge program design and implementation, vanilla derivatives and exotic hedging products. The book is unique in providing intuitive guidance on understanding the dynamics of forward curves and volatility term structure for commodities, fuel derivatives valuation and counterparty risk concepts such as CVA, DVA and FVA. Fully up-to-date and relevant, this book includes comprehensive case studies that illustrate the hedging process from conception to execution and monitoring of hedges in diverse situations"--Publisher's website.
Notes: Includes bibliographical references (pages 277-280) and index.
Table of contents: title: Energy commodities and price formation; title: Major energy consumers and the rationale for fuel hedging; title: Developing fuel hedging strategies; title: Shipping and airlines; title: basics of fuel hedging; title: Advancing hedging and forward curve dynamics; title: Exotic hedging and volatility dynamics; title: Fuel hedging and counterparty risk; title: Conducting scenario analysis; title: Financing and risk management: bundled solutions; title: Applied fuel hedging; title: case studies.