Jet Fuel Price Risk Management


Develop a Jet Fuel Price Risk Management Programme.



How You Will Benefit

  • Achieve certainty in the fuel budget
  • Understand fuel price volatility and measure price risk exposure
  • Learn about different financial derivative instruments to manage risk
  • Reduce exposure to market volatility through hedging
  • Learn about the organisational controls and accounting treatment for hedging

Designed for

  • Risk managers
  • Fuel purchasing and planning managers
  • Fuel analysts
  • Fuel and insurance controllers
  • Financial staff, including controllers, treasury
  • Officers, accountants and representatives
  • Jet fuel suppliers

Course Content

  • What is market volatility?
  • Jet fuel volatility and the underlying products
  • The forward curve – market in 'contango' and in 'backwardation'
  • The 'Exchanges' and the 'OTC' market
  • Derivative instruments and their suitability in different market conditions
  • Organisational set up for risk management activity
  • Scenario analysis
  • Defining a risk management envelope
  • Credit risk and 'margin calls'
  • Due diligence in choosing hedge counter parties
  • Putting in place the necessary legal documentation for implementing the hedging programme
  • Reporting the risk management activity
  • 'Mark-to-Market' disclosure of unrealised 'gains' or 'losses'
Click here to learn more about our IATA Fuel Action Campaign

Classroom Courses

August 07 - August 08, 2008
Geneva, SwitzerlandClass No : 13401
Please note that if no sessions are listed above, then this course is currently not scheduled for delivery in our IATA classrooms.

All IATA courses can be delivered to your offices and tailored to your organisation's reality and needs. If you have a group of 15 or more individuals for this course, please contact us at training.ymq@iata.org and we will provide you with information about bringing this course to your offices at a time convenient for you and your staff.

Diplomas
This course is :
Customised Training
All IATA courses can be delivered to your offices and tailored to your organisation's reality and needs. More details