Tuesday, 15 February 2022

Air Arabia hedges about 50% of its fuel needs, CEO tells Al Arabiya | Reuters

Air Arabia hedges about 50% of its fuel needs, CEO tells Al Arabiya | Reuters

Middle East budget airline Air Arabia is hedging about half of its fuel needs, Chief Executive Adel Ali told Al Arabiya on Tuesday.

"We do not expect to raise the price of tickets unless the price of oil exceeds $100," he added.

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