Скачать или смотреть Airbus Americas CEO Jeff Knittel on airline risk management and growth

Airbus Americas chairman and CEO Jeff Knittel joins "Squawk Alley" via phone to discuss the company's new venture and growth.

European planemaker Airbus is working with Nasdaq to develop a derivatives-based trading platform that will allow airlines to protect against swings in ticket prices.

Just like airline companies use oil futures to hedge against the volatility in fuel costs, they will soon be able to do the same with the swings in ticket fares, which fluctuate drastically during holidays, events and different weather.

The London-based platform Skytra will enable airlines to manage its revenue risks for the first time by trading futures and options contracts based on its proprietary indices. The company said it has been developing benchmarks to track the daily changes in the price of air travel for two years.

Nasdaq will provide technology to ensure functionality including matching, surveillance, risk management and regulatory reporting.

Airbus has partnered with a company that “tracks every ticket price, pretrade and aftertrade,” Adena Friedman, president and CEO of Nasdaq, said on CNBC’s ”″ on Thursday at the World Economic Forum in Davos, Switzerland. “They are able to look at certain routes and certain regions in the world and they can say how much the price has changed and they create an index on that.”

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