Copa Airlines sticks to no-hedge stance as fuel shock tests airlines, CEO says-June 2024-www.financetom.com

Copa Airlines sticks to no-hedge stance as fuel shock tests airlines, CEO says

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Copa Airlines sticks to no-hedge stance as fuel shock tests airlines, CEO says

Jun 7, 2026 7:25 AM

RIO DE JANEIRO, June 7 (Reuters) - Copa Airlines has

no plans to hedge fuel despite the recent price shock linked to

the war in Iran, CEO Pedro Heilbron told Reuters, betting its

strong balance sheet and pricing adjustments will help absorb

the impact.

The Panamanian carrier has not used fuel hedges for more

than a decade and does not intend to change course, he added,

during an interview on Saturday on the sidelines of a global

gathering of top airline executives in Rio de Janeiro.

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