- The Washington Times - Friday, April 10, 2009

SEATTLE (AP) - In an April 8 story about Alaska Airlines, The Associated Press erroneously described the carrier’s fuel-hedging agreements. The price was set at $76 per barrel of crude, not $76 per gallon.

The story should have explained that the hedging agreements cap the price Alaska will pay for about half its expected 2009 supply at $76 per barrel. The airline did not lock in fuel prices at that level.


Copyright © 2018 The Washington Times, LLC. Click here for reprint permission.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide