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Virgin Orbit

Virgin Orbit Faces Bankruptcy and Employee Exodus

Virgin Orbit, the US-based satellite launch provider, is reportedly facing bankruptcy as it struggles to secure new funding sources. The company paused its operations and furloughed most of its employees last week. It is said to be scrambling to find a funding lifeline, with a potential buyout proposal of nearly $200 million on the table. […]

Fuel Hedging

The cost for fuel is one of an airline’s biggest cost driver. If fuel prices are getting out of control, the overall cost will be heavily affected, too. However, there are ways that an airline can protect itself against it – by hedging fuel. There are several kinds of fuel hedging. Futures Contract This is […]