Originally Posted by
Bucking Bar
What I find interesting that it is an example of vertical integration in a Company that's mostly managed the last decade by outsourcing its core operation.
That is interesting. They are constantly chomping at the bit to outsource as much of the daily core operation as they can, but want to insource a tertiary business.
While I think the refined fuel would be sold at full price 100% of the time rather than DAL getting any kind of "discount", the point of that would be when profits from the refining were at their highest, we would take those profits in and that would effectively be our hedge.