Hawaiian Airlines is Airline company established in Hawaii region. This Airline is smart company with great employee led by great rare CEO who things strategically with the an eye on the long term. In the present when the economic problem come like this time, Hawaiian Airline take way to get manage their company into profit company, example this one. When The Fuel crisis come Hawaiian Airlines be able to turn a good profit and take some good planning and strategy. Rise of World fuel hitting everyone in United State when they fill up at the pump. For average person is $1.00+ same with raise price of the gas is the $40 per month for small car is to $80 or more then that for larger vehicle like SUV. Now imagine it, when same dollar with per gallon added to hundreds of thousand gallon of used many of Airlines like Hawaiian. For every penny chance in cost gallon jet fuel like this, Hawaiian airline can make incomes to 1.6 million.
By hedging the fuel cost, which its essentially locking of price of fuel by period time with committing and agreement, Hawaii was able save more about eight and hal million in fuel cost, in other say this can say like gamble, If rate is up, you gonna be winner, but the rate is down, you gonna be loser .
Even like gambling, when it working out but for hawaiian airlines is like something new, like what Southern Airlines did when the price get skyrocket in 2008-2009, it can put the airlines into good position in market.
As fuel price rise for competitior, they raise full forced their fares price, while they who locked the fuel price can keep down the fares. if fuel price drop it can be exact opposite happen with their company.
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