Originally Posted by
Jaxs170
Is there a price point where it just makes sense for the company to lock in prices even if it may go further down?
You don't really lock in a price per se, you trade heating oil futures, and when the price goes up, the gains offset the increased costs. Personally, I think hedging is straight gambling, and foolish, especially since the trading partners on Wall Street are extremely corrupt.
Delta is better off investing its cash resources in the employees, as well as flight equipment, and facilities.