Virgin Australia Holdings Ltd
VGN: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >.s | LOCK|<q | LOCK|Z$#LXq |
Virgin Australia: Jet Fuel Hedging and Pricing Offset Fuel Shock
Virgin Australia provided a trading update, given the Iran conflict, with jet fuel prices more than doubling since February. Fuel cost increases have been largely mitigated through hedging of both Brent crude and the jet fuel spread, alongside higher airfares. Shares rose 8%.
