Airline stocks remain under pressure; Asian carriers see surge in demand, prices jump

Qantas Airways CEO Vanessa Hudson said 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 as the airline's shares fell for a second day, trading as much as 3.9% lower. Oil ...