JetBlue hedged 27% of fuel
New York - Arabstoday
JetBlue Airways hedged 27 per cent of its fuel needs for the third and fourth quarters. The carrier expects fuel needs, including the impact of hedges and taxes, to average $3.13 a gallon in the third quarter and $3.18 for the full year, New York-based JetBlue said in a July 25 statement. JetBlue said that it used crude call options, jet fuel swaps and collars, a protective options strategy to help prevent massive losses, to lock in its fuel requirements and that the cost projections were based on the curve as of July 20. Delta Air Lines said in a July 25 statement that it expected fuel to average $3.09 a gallon and $3.05 in the fourth. from:Gulfnews
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London - DPA
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Spain - DPA
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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