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Virgin Australia Faces Higher Maintenance Costs Amid Boeing Delays

Virgin Australia is grappling with rising maintenance expenses as delays in aircraft deliveries from Boeing force the carrier to keep older aircraft in service longer than anticipated. The airline, which has been undergoing a post-pandemic recovery and modernization plan, has extended some of its existing leases to maintain operational capacity. This decision, however, has increased short-term costs, given…

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Southwest Airlines to End Long-Standing Fuel Hedging Policy

Southwest Airlines has announced plans to end its fuel hedging policy, marking a major shift in the airline’s financial strategy. The carrier has been one of the few remaining US airlines actively engaged in the oil derivatives market, historically using fuel hedging as a key tool to protect against fuel price volatility.