Airline Fuel Hedging and IAS39 / FAS133 Advice
XMI has worked with major airlines to review their fuel hedging activities and offer advice on the use of hedging tools with a particular emphasis on the optimal management of basis risk.
If required, we will conduct analysis and verification of IAS39 and FAS133 fuel hedging application principles, providing independent validation of the hedging portfolio output. Typically, this will cover the following areas:
- Hedge Strategy
- Hedge Designation
- Prospective Effectiveness Test
- Retrospective Effectiveness Test