Qantas CEO says airline has 'pretty good' fuel hedging, monitoring price spikes

Reuters03-03 08:07

SYDNEY, March 3 (Reuters) - Qantas Airways QAN.AX CEO Vanessa Hudson said on Tuesday that the airline had "pretty good" fuel hedging in place but the spike in oil prices amid the conflict between the U.S., Israel and Iran was significant for the aviation industry.

"We've got pretty good hedging in place, but these are pretty significant impacts on aviation and we're just continuing to watch how it all unfolds," she said at the Australian Financial Review's business summit.

(Reporting by Byron Kaye; Writing by Jamie Freed; Editing by Jacqueline Wong)

((Jamie.Freed@thomsonreuters.com;))

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