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Jet A1: Airlines mull hedging to lower cost
There are indications that Nigerian carriers may decide to enter into partnership with a view to resolving some of the bottlenecks that affected their operations last year. Consequently, two airlines are planning on fuel ‘hedging’ to minimise the excruciating pains they went through that crippled their operations. The carriers are said to be planning to build huge storage facilities where fuel can be stored. The facility, it was learnt, are to be built in Lagos….
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