Since 2018, FIS has been working with leading air freight industry players, to help develop the next generation of price risk management tools for the air freight market. 

FIS traded the first AFFA contracts in August 2019, settled against transaction-based and representative pricing data provided by independent airfreight indices. Using geographically focused index routes, these risk management tools can be used to hedge against risk in the Global market and help the air cargo industry. 

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