RISK MANAGEMENT PRACTICES IN THE AIRLINE INDUSTRY by Sharon Fernando PROJECT SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTER OF ARTS In the Faculty of Business Administration Financial Risk Management O Sharon Fernando 2006 SIMON FRASER UNIVERSITY Summer 2006 All rights reserved. This work may not be reproduced in whole or in part‚ by photocopy or other means‚ without permission of the author. APPROVAL Name: Sharon Fernando Degree: Master of Arts Title of Project:
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Hogan Plc. Discussion You have receivables of AUD 28 million (to be paid in 3 months) You need to identify the most appropriate strategy to be used in hedging the transaction exposures. Choose between: i. Forward market hedge ii. Money market hedge iii. Options hedging Strategy 1: hedging using forward contract Because Hogan will receive AUD in 6-months‚ their concern is that they’ll have to convert the AUD to less USD. 1) Today‚ Hogan buys a forward contract to sell AUD (they’ll receive in 6 months)
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| | Pilot Study on Infant Diet Participant Information Sheet 1) What is the study about? You are invited to participate in a study that aims to gather information from parents/guardians regarding the diet of their infants‚ aged 0-12 months. This includes the age at which solids where introduced‚ types of starting solids and sources of information parents/guardians used in order to make such a decision. 2) Who is carrying out the study?
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Risk Management 04-27-2011 Henry Rivera‚ JR. CMGT/442 - Information Systems Risk Management Abstract McBride Financial Services is currently opening an office in Sioux Falls‚ SD and requires a comprehensive risk assessment for McBride’s management team. The risk assessment should identify potential risks that could impact the operation of the business including; * The use of toxic chemicals in the vicinity of the business by manufacturing processes industrial solvents‚ blue print machines
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LANGUAGE III – Extensive Reading Material STUDY GUIDE: Like a Winding Sheet by Ann Petry 1. What were Mr. Johnson’s plans before waking up? 2. What did he do instead? Why? What part of the day was it? 3. Why did Mae make fun of him? Did Mr. Johnson enjoy her laughter? 4. How many times had Mr. Johnson been late to work? Why? For how long had he worked in those conditions? 5. How did Mr. Johnson feel about working the night shift and why? 6. What made Mae want
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State Farm Risk Register Xavier Smith Western Governors University State Farm Risk Register State Farm has chosen to further to its already-existing operations in Canada‚ with the result of capturing millions of new customers. These customers will require both brick-and-mortar and telephonic support. Brick-and-mortar locations number in the thousands and continue to grow. With the acquisition of a greater number of customers‚ these locations will be able to absorb and support a respectable
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than those relating to contributions from equity participants” Income includes Revenue and Gains Kumail Rizvi‚ PhD‚ CFA‚ FRM 3 IASB‚ IAS NO. 18‚ REVENUE Conditions for recognizing revenue 21/5/2013 Transfer the risk and rewards of ownership of goods No retention of Managerial involvement and effective control Amounts can be measured reliably Probability of flow of economic benefits Cost incurred or to be incurred can be measured reliably Kumail Rizvi‚ PhD‚
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held by the founders is a very important point they can try to renegotiate. In the Alpha term sheet the founders have a percentage ownership of 34% if the revenues hurdle of $500‚000 is met. The founders hold 32.6% if the revenue hurdle is not met. Mega has no such revenue hurdle thus‚ with the number of shares outlined in the term sheet‚ the founders own 37.5%. Negotiation: In the Alpha term sheet a higher number of shares for the founders would be preferable. We assume the company will meet
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Currency Conversion Design Appendix H Currency Conversion Design Assignment—Hierarchy Chart Complete a hierarchy chart for the application by typing into the textboxes below. Associate Program Material Appendix I Currency Conversion Development Assignment—Flowcharts Complete the flowcharts for the assignment by typing into the textboxes below. Control Flow Diagram—Main Control Control Flow Diagram—Display Menu Control Flow Diagram—Get_Int_Value
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Fuel Hedging A Strategy for Air Carriers to Combat Fuel Hike Index Jet Fuel – The Nemesis of Airlines In the year 2008‚ the growth of global aviation industry received a major bolt from the fear of global economic slowdown and the rise in crude oil prices. Though the global economic uncertainties impacted the business of airlines‚ but the steep surge in crude prices has changed the financial equations of the airline across the world‚ with India being no exception. In fact over the previous
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