The airline industry is exposed to significant volatility in the price of fuel. Many airlines have risk management policies that include the use of derivative financial instruments to hedge these exposures. Derivative hedging strategies are also commonplace in the industry for foreign currency, interest rate and credit risks. This ADG examines the impact of IFRS 9 on the financial results of early adopters and provides practical accounting guidance for airlines.
To download the PDFs, please follow this link to the IATA website.