TUI results
FUEL/FOREIGN EXCHANGE
Our strategy of hedging the majority of our jet fuel and currency requirements for future seasons gives us increased certainty of costs when planning capacity and pricing. Our current hedged positions for the coming winter and summer seasons are in line with our expectations. The following table shows the percentage of our forecast requirement that is currently hedged for Euros, US Dollars and jet fuel for our Markets & Airlines, which account for over 90% of our Group currency and fuel exposure.
Hedged Position* W23/24 S24 W24/25 Euro 94% 65% 25% US Dollar 90% 76% 37% Jet Fuel 94% 75% 35% *Position at 26 November, 2023