Originally Posted by
Waves
This just in: "Delta Air Lines says it will likely post a loss for the second quarter. Delta lost money on fuel hedges in May and June, which pushed its fuel costs for the quarter to $3.37 per gallon." Record profits indeed! BTW: I'm not predicting doom and gloom, I'm just hedging against it. Additionally, nearly everything in that last “doom and gloom” statement has already occurred. No “foolish” predictions are necessary. If you choose to ignore them, it is your prerogative. Oh, and one more thing: Most of what is happening in the world today is unprecedented. It’s not as benign and simple as you put it, “That is always crap going on and if you want to focus on that you can, but the fact is that the sky is not falling. What you wrote about the future boils down to foolishness really...” I’m glad you can sit back and relax without a care while the World is on fire. I truly hope that works out for ya.
Record profits indeed.
Delta Air Lines Announces June Quarter Profit - Jul 27, 2011
Last year it was $366M for the 2Q, this year it'll be double, minus special items (like $155M in hedging losses).