Download Fuel hedging and risk management : strategies for airlines, by Simo M. Dafir, Vishnu N. Gajjala PDF

By Simo M. Dafir, Vishnu N. Gajjala

A hands-on consultant to navigating the recent gasoline markets

Fuel Hedging and possibility administration: options for airways, Shippers and different shoppers provides a transparent and useful figuring out of commodity cost dynamics, key gasoline hedging strategies, and chance administration options for the company gas customer. It covers the commodity markets and spinoff tools in a way obtainable to company treasurers, monetary officials, possibility managers, commodity investors, structurers, in addition to quantitative execs dealing within the power markets.

The publication incorporates a large choice of key subject matters relating to commodities and derivatives markets, monetary chance research of commodity shoppers, hedge application layout and implementation, vanilla derivatives and unique hedging items. The publication is exclusive in delivering intuitive advice on knowing the dynamics of ahead curves and volatility time period constitution for commodities, gasoline derivatives valuation and counterparty probability thoughts reminiscent of CVA, DVA and FVA. absolutely up to date and suitable, this ebook contains accomplished case reports that illustrate the hedging method from belief to execution and tracking of hedges in different situations.

This useful consultant may also help the reader:

  • Gain professional perception into all facets of gas hedging, rate and volatility drivers and dynamics.
  • Develop a framework for monetary threat research and hedge programs.
  • Navigate risky power markets by means of utilising powerful possibility administration techniques.
  • Manage undesirable dangers linked to commodity derivatives by way of knowing liquidity and credits threat calculations, publicity optimization ideas, credits fees comparable to CVA, DVA, FVA, etc.

Praise for Fuel Hedging and chance Management

"Risk administration is an artwork, now not a technological know-how, however it definitely is helping to understand loads of technological know-how. during this booklet, the authors supply an exceptional evaluate of either qualitative and quantitative features of chance administration and the way to layout and implement powerful win-win gas oil hedging techniques that may in attaining the specified pursuits lower than common and severe marketplace conditions.

In addition to discussing key foundational concerns, the e-book additionally discusses a framework to appreciate and deal with highly very important second-order results, resembling credits probability or margin calls or asset-liability mismatches, that have the capability to show a good suggestion right into a undesirable outcome.

A needs to learn for somebody within the finance division of a company, exchange residence, or monetary enterprise focused on gas oil hedging."
—Diego Parrilla, Former worldwide Head of Commodity recommendations and Head of Commodities, financial institution of America

"This booklet offers hugely priceless insights into hedging and hazard administration methodologies, in addition to concept, for the clients of strength items. Dafir presents instinct stemming from not only top-tier commodity structuring services, but in addition broader perception from his previous adventure as a credits derivatives and exotics trader."
—Mitch Matharu, former Head of Structuring, Merrill Lynch

"An Absolute needs to learn. From the basics of oil markets to the foremost issues in negotiating a credits contract and minimizing hedging bills, passing via the subtleties of implied volatility floor development and its implications in derivatives pricing, this e-book will give you the quintessential practitioner's toolbox, worthy even if you're a amateur or a professional gasoline trader."
—Frederic Cogny, worldwide Head of Commodities dependent items buying and selling, regular Chartered Bank

"In this ebook, Dafir blends his deep wisdom of the commodity markets and the vagaries of the monetary marketplace along with his excellent mathematical skill to discover gasoline hedging in a way available to gas Procurement Departments, CFOs and board members."
Mark Long, Former Head and coping with Director of Merrill Lynch Commodities Asia

". . . This booklet is a hands-on advisor for an individual drawn to "Fuel Hedging and probability Management", together with legal professionals considering the execution of commodities hedging transactions and similar ISDA and CSA negotiations."
Justin Boyd, Former Head of monetary Markets criminal, common Chartered Bank

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Download Pains on Trains: The Commuter's Guide to the 50 Most by Andrew Holmes PDF

By Andrew Holmes

Pains on Trains is the appropriate solution to take the tedium out of commuting, certain to develop into as necessary to the professional visitor because the blow--up pillow and water sterilising capsules. In Pains on Trains, Andrew Holmes and Matthew Reeves set their points of interest at the scourge of the trendy place of work employee -- different place of work staff who clog up trains, buses, boats and planes with their tense conduct and miserable outfits. Pains on Trains is devoted to the rush--hour veteran and contains a a pain--spottinga advisor to the very worst humans you meet in your day-by-day travel. every one painful personality is illustrated of their ordinary context and supported by means of a brief narrative

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Download The Politics of Deregulation by Martha Derthick PDF

By Martha Derthick

The authors pay attention to 3 situations of deregulation: airways, trucking, and telecommunications. They locate vital similarities one of the circumstances and talk about the results of those findings for 2 broader themes: the position that fiscal research has performed in coverage switch, and the ability of the yank political method for transcending slender pursuits.

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Download Crashworthiness of Transportation Systems: Structural Impact by Albert I. King (auth.), Jorge A. C. Ambrósio, Manuel F. O. PDF

By Albert I. King (auth.), Jorge A. C. Ambrósio, Manuel F. O. Seabra Pereira, Fernando Pina da Silva (eds.)

A systematic remedy of present crashworthiness perform within the automobile, railroad and plane industries. Structural, external and inside layout, occupant biomechanics, seat and reticence platforms are handled, taking account of statistical information, present laws and state of the art layout instrument features. Occupant kinematics and biomechanics are reviewed, resulting in a simple realizing of human tolerance to affect and of using anthropometric attempt dummies and mathematical modelling ideas. kinds of restraining platforms are defined when it comes to impression biomechanics. the fabric and structural behaviour of auto parts is mentioned when it comes to crash checking out. numerous familiar ideas for simulating occupants and buildings are offered, specifically using multibody dynamics, finite point tools and simplified macro-elements, within the context of layout instruments of accelerating complexity, that are used to version either autos and occupants.
Audience: a very good reference for researchers, engineers, scholars and all different execs desirous about crashworthiness work.

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Download LNER Steam Revival by Brian Sharpe PDF

By Brian Sharpe

The London & North japanese Railway was once recognized for its apple eco-friendly engines, teak coaches, the ‘Flying Scotsman’ and streamlined A4 Pacifics, but additionally the old fashioned rural byways during which a lot of its providers handed. The newly-formed railway corporation inherited a few iconic railway infrastructure, but in addition a few really old cause energy and rolling inventory.

LNER engines have persisted to outshine their rivals, with the accessory extra on caliber than volume. Being without delay descended from the Stockton & Darlington Railway, the LNER inherited a priority for its background, opened Britain’s first railway museum and operated the 1st preserved engine to haul a major line passenger train.

This 132 web page complete color booklet – the second one in a steam revival sequence from history Railway journal deputy editor Brian Sharpe – tells the tale of every of the fifty two one-time LNER or LNER-designed steam locomotives that have survived in upkeep, 35 of that have steamed considering that 1948.

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Download Traffic: Why We Drive the Way We Do (and What It Says About by Tom Vanderbilt PDF

By Tom Vanderbilt

A New York Times impressive Book

One of the easiest Books of the Year
The Washington PostThe Cleveland Plain-DealerRocky Mountain News

In this outstanding, vigorous, and eye-opening research, Tom Vanderbilt examines the perceptual limits and cognitive underpinnings that make us worse drivers than we expect we're. He demonstrates why plans to guard pedestrians from vehicles frequently bring about extra injuries. He uncovers who's likely to honk at whom, and why. He explains why site visitors jams shape, outlines the accidental results of our quest for protection, or even identifies the commonest mistake drivers make in parking lots. Traffic is approximately greater than riding: it's approximately human nature. it's going to switch the best way we see ourselves and the area round us, and it could even make us higher drivers.

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Download Urban Transportation and Logistics: Health, Safety, and by Eiichi Taniguchi PDF

By Eiichi Taniguchi

Although society has turn into more and more depending on the well timed operation of logistics structures, we nonetheless face many difficulties relating to potency, the surroundings, strength intake, and safeguard in city delivery and logistics—under basic circumstances and in mess ups. As such, knowing the way to tackle those demanding situations has develop into crucial for growing larger city making plans and coverage implementation.

Presenting the simplest practices of prime specialists from round the world, city Transportation and Logistics: overall healthiness, security, and safeguard issues provides state-of-the-art suggestions and a imaginative and prescient for city shipping and logistics with regards to human safeguard. Its complete assurance provides the root for reading shipping and logistics platforms in city components from the point of view of security and safety issues on human lifestyles. themes coated include:

  • Hazardous fabric transport
  • Healthy transport
  • Road safety
  • Network layout for freight shipping and provide chain
  • Transport and logistics in Asian cities
  • Vehicle routing and scheduling with uncertainty
  • Urban shipping and logistics in normal disasters
  • Future views on city freight transport

The e-book addresses details and communique applied sciences (ICT) and clever delivery method (ITS) functions inside of city logistics. It considers offer chains, highway security in detrimental fabric shipping, and logistics and delivery layout in combined site visitors parts. It additionally introduces the inspiration of the megalopolis and the necessity for superior making plans relative to human utilization, freight transportation, and town logistic planning.

This booklet presents various examples and case experiences of real-world situations from world wide, making it invaluable for either practitioners and researchers fascinated with city delivery and logistics planning.

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Download Slow Travel and Tourism by Janet Dickinson PDF

By Janet Dickinson

It really is widely known that trip and tourism may have a excessive environmental impression and make an incredible contribution to weather switch. it really is as a result very important that how one can lessen those affects are constructed and applied. 'Slow shuttle' presents one of these inspiration, drawing on principles from the 'slow nutrients' circulate with a priority for locality, ecology and caliber of existence. the purpose of this ebook is to outline gradual trip and to debate how a few underlining values tend to pervade new sorts of sustainable improvement. It additionally goals to supply insights into the trip adventure; those are explored in different chapters which deliver new wisdom approximately sustainable delivery tourism from the world over. so that it will do that the booklet explores the idea that of gradual go back and forth and units out its center elements, evaluating it with comparable frameworks akin to low-carbon tourism and sustainable tourism improvement. The authors clarify gradual commute as vacation shuttle the place air and motor vehicle shipping is rejected in favour of extra environmentally benign sorts of overland shipping, which usually take for much longer and turn into included as a part of the vacation event. The publication seriously examines the main traits in tourism delivery and up to date weather swap debates, taking off the most concerns dealing with tourism planners. It reports the possibility of new intake styles, in addition to present company versions that facilitate hyper-mobility. this offers a leading edge critique of the 'upstream' drivers to unsustainable tourism. eventually, the authors illustrate their strategy via a sequence of case reports from around the globe, that includes commute through educate, bus, biking and jogging. Examples are drawn from Europe, Asia, Australia and the Americas. circumstances contain the Eurostar teach (as an alternative choice to air travel), jogging within the Appalachian path (US), the Euro-Velo community of long-distance biking routes, canoe excursions at the Gudena River in Denmark, sea kayaking in British Columbia (Canada) and the oz. Bus Europe to Australia.

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Download FDR's Funeral Train: A Betrayed Widow, a Soviet Spy, and a by Robert Klara PDF

By Robert Klara

The April 1945 trip of FDR’s funeral teach turned a thousand-mile odyssey, fraught with heartbreak and scandal. because it gone through the evening, few of the grieving onlookers gave proposal to what may be taking place in the back of the Pullman colors, the place ladies whispered and males tossed again highballs. inside of was once a Soviet undercover agent, a newly widowed Eleanor Roosevelt, who had simply found that her husband’s mistress was once within the room with him while he died, all of the perfect court docket justices, and incoming president Harry S. Truman who was once scrambling to benefit secrets and techniques FDR had by no means shared with him.Weaving jointly details from long-forgotten diaries and declassified mystery provider records, journalist and historian Robert Klara enters the personal international on board that well-known teach. He chronicles the 3 days in which the rustic grieved and despaired as by no means prior to, and a brand new president hammered out the regulations that may impress a rustic in mourning and win the second one international warfare.

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Download Simulation Approaches in Transportation Analysis: Recent by Michael Florian, Michael Mahut, Nicolas Tremblay (auth.), PDF

By Michael Florian, Michael Mahut, Nicolas Tremblay (auth.), Ryuichi Kitamura, Maso Kuwahara (eds.)

SIMULATION ways IN TRANSPORTATION research: fresh Advances and demanding situations specializes in the newest complicated learn on modeling in addition to functions of delivery simulation, together with simulation of auto hobbies at the street, dynamic simulation of site visitors move on delivery networks, and simulation of the circulation of individuals in an city region. versions from the 3 continents of Europe, North the United States, and Asia are mentioned intimately. examine concerns and destiny instructions of delivery simulation improvement are systematically addressed. it's the first ebook to entirely speak about international advancements and the vast problems with shipping simulation.

Moreover, shipping simulation is well-known because the key thought in site visitors keep an eye on and insist administration to accomplish effective, secure, and handy city shipping process. SIMULATION techniques IN TRANSPORTATION research: fresh Advances and demanding situations will give a contribution to the advance and alertness of delivery simulation tools by:

a) introducing state of the art delivery simulation types, methodologies, and examples in their applications,

b) deciding upon momentary and long term study issues,

c) assessing promising program components for simulation, and

d) comparing the applicability of shipping simulation how you can different learn parts.

The publication might be invaluable for researchers and graduate scholars to appreciate the applying of simulation in shipping research and destiny study wishes. Practitioners will locate the publication important for functional matters similar to the applicability of simulation equipment, their reproducibility, and output interpretation.

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