[fooblaster]

Airlines can't raise the prices of tickets sold months ago. There is still financial reason to hedge.

[leonidasrup]

"All the airlines cancelling flights and adding extra charges amid jet fuel crisis"

https://www.independent.co.uk/travel/news-and-advice/jet-fue...

[Aurornis]

You have to read more than the clickbait headline

> While this figure might appear significant, it constitutes a mere 1.5 per cent reduction in total worldwide aviation capacity,

[leonidasrup]

The article cites airlines which raise the prices of already sold tickets. I agree, the impacts of the current jet fuel shortage are still small.

[trollbridge]

Hedging at this point is basically done to cover the cost of tickets already sold.

[sheiyei]

The trick is to sell tickets based on the cost at time of sale, and just cancel flights when it's convenient.

[toast0]

When airlines cancel flights, they usually put you on a similar itinerary, not just refund your money and hope you rebook at a higher price.

That said, I don't know a lot of people that book that far in advance, even when their travel plans are well settled.

[otterley]

It doesn’t work that way. Canceling flights has significant business-impacting downstream effects that go beyond mitigating the loss caused by a bad bet.