Looking at the numbers it appears the fuel hedge situation is worse than we thought.
They lost $1.2 billion in the 4th quarter alone.
At current prices expecting to lose another $1.2 to $1.8 billion in 2015.
Could be even worse if the oil price continues to decline.
Those guys lose more with the push of a button than it would cost to fund all the improvements we could possibly ask for in our contract.
Puts things in perspective.