Ebitda was hit by EUR9 million in charges related to a fuel hedging, a spokeswoman said.

一位女发言人说，由于燃油需求价格对冲，EBITDA减少9百万欧元。

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Hedging has locked in high fuel prices for many of the region's carriers in dollar terms, and the weakened euro is exaggerating that impact.

由于该地区的很多航空公司都进行了对冲操作，所以它们以美元计的燃料价格被锁定在较高水平，并且走软的欧元又进一步将冲击扩大了。

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Long-dated futures markets for jet fuel are highly illiquid. Much of the hedging is carried out with WTI contracts but the actual fuel is mainly refined from pricier oils.

由于针对喷气燃料的远期期货市场流动性不佳，绝大多数的套期保值交易都是以西德克·萨斯轻质原油期货合约为交易标的的。

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In addition, DG offers the ability to defer costly transmission and distribution system upgrades and enables fuel hedging.

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Experts think both can survive on their own, and Southwest, thanks to the impressive results of its fuel hedging program, has a big leg up.

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The carrier has gained tremendous respect and popularity for its low-cost business model and thrives on maintaining low operating expenses, in part due to its fuel hedging programs.

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