Originally Posted by
Bugaboo
Seems the reduced fuel costs impacted negatively for Delta in terms of hedging write downs. Hedging can be good (SWA 2008) or bad. American doesn't hedge and will see a windfall due to the reduced pricing.
Yup, but in spite of that, they still made $4.6 Billion for 2014.
They said 2015 will be even better as they 'unwind' their hedges, and by 2016, they will do better still.