Does hedging make economic sense for American Airlines?
This study evaluates the impact of hedging in company value by analyzing how American Airline consolidated group’s market value is impacted by changes in the level of next year’s fuel needs hedged and total value of its outstanding agreements from 1989 to 2010. A descriptive and qualitative researc...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | Portuguese |
| Published: |
Universidade Federal de Santa Catarina
2014-08-01
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| Series: | Revista Contemporânea de Contabilidade |
| Online Access: | https://periodicos.ufsc.br/index.php/contabilidade/article/view/31271 |
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| _version_ | 1849388591560523776 |
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| author | Bruno Lucio Vieira José Guilherme Chaves Alberto Henrique Cordeiro Martins Alex Moreira |
| author_facet | Bruno Lucio Vieira José Guilherme Chaves Alberto Henrique Cordeiro Martins Alex Moreira |
| author_sort | Bruno Lucio Vieira |
| collection | DOAJ |
| description |
This study evaluates the impact of hedging in company value by analyzing how American Airline consolidated group’s market value is impacted by changes in the level of next year’s fuel needs hedged and total value of its outstanding agreements from 1989 to 2010. A descriptive and qualitative research methodology was used. Secondary data was collected for a case study.The results indicate that it makes economic sense to hedge fuel costs. However, investors have negatively valued increases in hedge positions.
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| format | Article |
| id | doaj-art-892b3883e47f4e23a06fb3a764ce3270 |
| institution | Kabale University |
| issn | 1807-1821 2175-8069 |
| language | Portuguese |
| publishDate | 2014-08-01 |
| publisher | Universidade Federal de Santa Catarina |
| record_format | Article |
| series | Revista Contemporânea de Contabilidade |
| spelling | doaj-art-892b3883e47f4e23a06fb3a764ce32702025-08-20T03:42:14ZporUniversidade Federal de Santa CatarinaRevista Contemporânea de Contabilidade1807-18212175-80692014-08-01112310.5007/2175-8069.2014v11n23p14122429Does hedging make economic sense for American Airlines?Bruno Lucio Vieira0José Guilherme Chaves Alberto1Henrique Cordeiro Martins2Alex Moreira3Ohio University.Fumec University.Fumec University.Fumec University. This study evaluates the impact of hedging in company value by analyzing how American Airline consolidated group’s market value is impacted by changes in the level of next year’s fuel needs hedged and total value of its outstanding agreements from 1989 to 2010. A descriptive and qualitative research methodology was used. Secondary data was collected for a case study.The results indicate that it makes economic sense to hedge fuel costs. However, investors have negatively valued increases in hedge positions. https://periodicos.ufsc.br/index.php/contabilidade/article/view/31271 |
| spellingShingle | Bruno Lucio Vieira José Guilherme Chaves Alberto Henrique Cordeiro Martins Alex Moreira Does hedging make economic sense for American Airlines? Revista Contemporânea de Contabilidade |
| title | Does hedging make economic sense for American Airlines? |
| title_full | Does hedging make economic sense for American Airlines? |
| title_fullStr | Does hedging make economic sense for American Airlines? |
| title_full_unstemmed | Does hedging make economic sense for American Airlines? |
| title_short | Does hedging make economic sense for American Airlines? |
| title_sort | does hedging make economic sense for american airlines |
| url | https://periodicos.ufsc.br/index.php/contabilidade/article/view/31271 |
| work_keys_str_mv | AT brunoluciovieira doeshedgingmakeeconomicsenseforamericanairlines AT joseguilhermechavesalberto doeshedgingmakeeconomicsenseforamericanairlines AT henriquecordeiromartins doeshedgingmakeeconomicsenseforamericanairlines AT alexmoreira doeshedgingmakeeconomicsenseforamericanairlines |