Impact of jet fuel hedging on firm value : a study on global airlines.

• Main Authors: Quah, Hui Li., Tan, Jazreel Yan Zhen., Teo, Lay Hui.
• Other Authors: Leon Chuen Hwa
• Format: Final Year Project
• Language: English
• Published: 2011
• Subjects: DRNTU::Business::Accounting::Valuation
• Online Access: http://hdl.handle.net/10356/44101
• Institution: Nanyang Technological University

This paper studies the impact of jet fuel hedging on the firm value of an airline. Using a sample of 47 airline companies from 15 countries between years 2000 to 2009, we look into the relationship between hedging decisions and firm value for two different sub-samples. In our sub-sample study on US...