Topic
hedging
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forbes.combusiness3 hrs ago
Jet2 Posts £388 Million Hedge Gain but Profit Falls 7 Percent; £250 Million Buyback Announced
Jet2 reported a £388 million fair-value gain on jet fuel hedges in results for the year to March. Revenue rose 4 percent while profit before tax fell 7 percent, and the airline announced a £250 million share buyback.