UAL, tahlehelo ea lekhoakhoa la Delta e kanna ea phatlalatsa phaello ea sefofane

UAL Corp.'s United Airlines, Delta Air Lines Inc. le Southwest Airlines Co. kaofela li ile tsa beha tahlehelo ea kotara e 'ngoe ka lebaka la litefello tse amanang le likonteraka tsa jet-fuel tseo li li rekileng esale pele. Batseteli ba re tseo ke litaba tse monate.

Bloomberg US Airlines Index e nyolohile ka liphesente tse 2.5 ho tloha ha bajari ba qala ho tlaleha meputso ea Oct. 15, athe Standard & Poor's 500 Index e theohile ka liphesente tse 6.5. Kamora ho theoha ha litheko tsa peterole ho bakile khaello ka lebaka la likhoele tsa lifofane, Wall Street e becha ka hore litšenyehelo tse tlase tsa matla li bitsa phaello selemong se tlang.

Michael Derchin, mohlahlobisisi oa FTN Midwest Research Securities, New York, o itse: "Batseteli ba nako e telele ba neng ba qoba lifofane ka lilemo tse mashome ba batla ho nka karolo. "Bohlale bo tloaelehileng ba ho putlama ha moruo ke hore sehlopha sa ho qetela se tla sebetsa hantle ke lifofane. Empa ke etsa mohlala oa phaello bakeng sa bona kaofela” ka 2009.

Likoloi tse kholo tse 10 tsa Amerika li lahlehetsoe ke liranta tse libilione tse 2.52 kotareng ea boraro, karolo e 'ngoe e le ka lebaka la ho ngola boleng ba hedges. Mafura a jet a nyolohetse ho $4.36 galone ka Phupu, 'me a theohile ka ho feta halofo ho isa ho $2.07 kajeno.

"Hoa hlolla hore na ho fetohile hakae ka nako e khuts'oane hakana," Doug Parker, ofisiri e ka sehloohong ea US Airways Group Inc., o boletse puisanong ea kopano ka Oct. 23, ha sefofane se beha tahlehelo ea chelete e kaalo ka $ 865 milione e neng e kenyelletsa ho ngola. makhoakhoa a mafura.

US Airways e tlotse liperesente tse 19 khoebong ea New York kotareng ena ho fihlela kajeno, tsoelo-pele ea boraro ho tse kholo har'a lifofane tse 14 lethathamong la Bloomberg kamora liperesente tse 30 tsa UAL le liperesente tse 34 tsa AirTran Holdings Inc. S&P 500 e theohile ka liperesente tse 27 ka nako eona eo.

'Ha ho motho ea Tsebang'

Lits'ebetso tse kholo ka ho fetisisa tsa US li phatlalalitse ho fokotsoa ha mesebetsi ka 26,000 le ho theoa ha lijete tse 460 ha mafura a ntse a nyoloha, a fokotsa litšenyehelo ho ba thusa ho mamella ho theoha hofe kapa hofe ha maeto ho tloha ho putlama ha mekoloto. Ho theoha ha theko ea mafura ho matlafatsa bokhoni ba bona ba ho emisa tahlehelo.

John Armbrust, moeletsi oa mafura a lifofane Palm Beach Gardens, Florida, o itse: “Potso ke hore na litheko li lula moo li leng teng? Ha ho motho ea tsebang. ”

Ntle le litefiso tsa kotara ea ho qetela ea mafura-hedge, Southwest, Northwest Airlines Corp. le Alaska Air Group Inc. kaofela ba itse ba ka be ba entse chelete. Ho theola boleng ba hedges ea mafura ho hapile phaello ea lilemo tse 17 tsa kotara ea Southwest.

Bajari ba 10 ba bile le tahlehelo ea ts'ebetso ea lidolara tse limilione tse 870, e nyane ho feta ea mohlahlobisisi Derchin e hakanyetsoang ho $1 bilione. O rera chelete e ka bang $ 5 bilione molemong oa sehlopha selemong se tlang.

O boletse hore mohlomong ba tla be ba le betere, mohlomong ba be betere kotareng ena. Ka likhoeli tse robong, tahlehelo e kopanetsoeng ea ts'ebetso e ne e le $ 2.86 limilione tse likete, ho latela litlaleho tsa lifofane.

'Hoetla ha Mahala'

Bajari ba kenyeletsang Southwest, US Airways le AirTran Holdings Inc. ba itse ba ka chechisa likonteraka tse ling tsa ho thibela mafura ho fihlela litheko tsa oli li tsitsa.

"Libekeng tse tharo tse fetileng feela, oli e theohile ka $40" ka barrel, CEO oa AirTran Bob Fornaro o boletse puisanong ea Oct. 23. 'Maraka o hlile o oa mahala.

Fidelity Management & Research ke e 'ngoe ea bo-ramatsete ba ekelitseng khoebong ea lifofane kotara e fetileng, e eketsang karolo ea eona ho Continental Airlines Inc. ho ea ho liabo tse limilione tse 15, kapa hoo e ka bang liperesente tse 14. Khampani e kholo ka ho fetisisa lefatšeng ea lichelete tsa lichelete e kile ea tšoara karolo ea 4.8 lekholong.

Likotsi tsa metšoasong ea lifofane li kenyelletsa monyetla oa hore moruo o fokolang oa lefats'e o tla fokotsa tlhokahalo, hammoho le tebello ea ho phahama ho hong ha litheko tsa mafura, ho boletse Kevin Crissey, mohlahlobi oa UBS Securities New York.

Moputso oa 2009

Leha ho le joalo, Crissey o boetse a rera phaello bakeng sa indasteri ea Amerika selemong se tlang. O qotsitse ho fokotseha ha bajari maemong a lehae a liperesente tse 10 ho isa ho liperesente tse 15 mme a re oli ha e na monyetla oa ho khutlela tlhorong ea eona ea $ 147-barrel.

Ho fana ka lifofane tse fokolang ho fa lik'hamphani tsa lifofane matla a eketsehileng a litheko. Chelete ea litefiso tsa bapalami, tekanyo ea litefiso le litefiso, e nyolohile ka liperesente tse 8 kapa ho feta bakeng sa bajari ba bangata kotara e fetileng, mme Delta ke e 'ngoe ea lifofane tse reng li lebelletse phaello e ts'oanang nakong ea hajoale.

"Maikutlo ke hore lifofane li mathateng ho feta kamoo li leng kateng," Crissey o boletse puisanong. "Batseteli ba rata khang ea bokhoni. Haeba e ne e le ho theoha ha theko ea mafura feela, hoo ho ne ho tla sisinyeha le ho feta. Empa hammoho, ke khang e matla haholoanyane.”

AMR e theohile lisente tse 20, kapa liperesente tse 2.3, ho ea ho $8.60 ka 4:15 pm khoebong e kopaneng ea New York Stock Exchange ha Delta e theohile ka lisente tse 65, kapa liperesente tse 7.8, ho isa ho $7.66. UAL e theohile lisente tse 55, kapa liperesente tse 4.6, ho isa ho $11.40 khoebong e kopaneng ea Nasdaq Stock Market. The Standard & Poor's 500 Stock Index e theohile ka karolo ea 3.2 lekholong.