Jerry Laderman
Airline industry veteran and former treasurer of Continental Airlines and former CFO at United Airlines, offering expertise on airline finance and fuel-hedging practices.
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Mar 25, 2026 • 9min
Your next flight doesn't have to be so expensive. Here's why
Jerry Laderman, an airline finance veteran and former Continental treasurer and United CFO, explains airline fuel-hedging and why it faded. He walks through how jet fuel prices are tracked, the role of refining crack spreads, and why carriers shifted from hedges to surcharges and higher fares. The conversation looks at operational levers like refineries and whether hedging might return.
