"All the airlines cancelling flights and adding extra charges amid jet fuel crisis"
https://www.independent.co.uk/travel/news-and-advice/jet-fue...
"All the airlines cancelling flights and adding extra charges amid jet fuel crisis"
https://www.independent.co.uk/travel/news-and-advice/jet-fue...
You have to read more than the clickbait headline
> While this figure might appear significant, it constitutes a mere 1.5 per cent reduction in total worldwide aviation capacity,
The article cites airlines which raise the prices of already sold tickets. I agree, the impacts of the current jet fuel shortage are still small.
Hedging at this point is basically done to cover the cost of tickets already sold.