Originally Posted by
sailingfun
Of course in 2016 the profit might also be zero. Historically that's probably a far more likely number then 10 billion. I would also be willing to bet oil is in the 80 to 100 dollar range then. We are going to get killed by our hedges next year. american is projected to pay 30 cents a gallon less then us in 15. Combined with the billion dollars invested in the refinery between purchase, upgrades and quarterly losses fuel has not been a bright spot despite managements attempts to justify the purchase.
And that my friends, is how concessions get sold during times of record profits.