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United Continental Hedged 44 Percent of Jet Fuel Needs for 2011

March 25 (Bloomberg) -- United Continental Holdings Inc., the world’s largest airline, said it hedged 44 percent of its expected jet fuel needs for this year.

“Right now we’re a little less than 50 percent hedged for 2011, I think 44 percent is the number,” John Rainey, senior vice president financial planning and analysis, said yesterday, according to the transcript of a conference call on Bloomberg.

To contact the reporter on this story: Rachel Graham in London

To contact the editor responsible for this story: Stephen Voss at

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