Originally Posted by sailingfun

They have been promising great things from trainer since it was purchased. Virtually every quarter after reporting the loses they state next quarter will be better. They reported a 43 million dollar loss in the second quarter. We have between a 14 c per gallon to 6 cents per gallon advantage on fuel costs in the last reports depending on which airline. What I read stated it was due to hedges not trainer. Regardless trainer has a long way to go to eat up the startup costs.

Edit, the 43 million loss was first quarter, they reported a profit so 13 million second quarter. Here is Anderson's recent statement on fuel cost at Delta. Note the term market in his quote.

"The refinery has made an impact on market fuel prices and we have a solid hedge book in place that should reduce our fuel expense by more than $350mn for the year, including $100mn in the September quarter," chief executive Richard Anderson said during a conference call with analysts.