The last time Kenya Airways (KQ) made a profit was in 2012. Facing the consequences of the pandemic and rising prices from fuel, the company listed on the Nairobi Stock Exchange must make adjustments in all sectors of its activity, starting with its risk hedging strategy.
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Particularly linked to the question of fuel, this financial technique consists of buying from oil for future consumption at a pre-determined past price, thereby mitigating the effects of price volatility.
However, the private Kenyan company suspended its risk hedging policy in 2016, following prolonged commercial inactivity, only to resume it in 2021, when the surge in world fuel prices began. at threaten