Also called: Fuel Risk Manager, Jet Fuel Procurement & Hedging Manager
Protects an airline from swings in jet fuel prices, its second-biggest cost, by buying contracts that lock in prices ahead of time.
A war overseas sends oil prices jumping, and you report to the CFO how much of next year's fuel is already locked in. You buy options and swaps with banks, watch refinery outages on the Gulf Coast and plan fuel deliveries to 90 airports. A one-cent change per gallon can swing $40 million a year.
Approximate: anchored on Bureau of Labor Statistics data for a broader job group.
Bachelor's degree (4-year), about 4 years after high school. Bachelor's in finance, economics or engineering; many have an MBA.
Ways in: 4-year college, Graduate school, On-the-job training. Training cost: $15k – $60k.
Majors to look at: Finance, Economics, Petroleum Engineering, Mathematics.
Growing about average. A small number of jobs at airlines, cargo carriers and cruise lines.
Medium risk for 10 years. AI models price risk and scenarios; deciding how much to hedge and explaining it to executives stays human.
Classes: AP Calculus, Economics, AP Statistics.
Official data: O*NET occupation 13-2051.
Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.