Originally Posted by
Check Essential
You are correct. The "loss" is on our hedging activities.
Overall, we will still have lower fuel costs. We don't hedge 100% of our fuel.
We just could have saved an extra $2 to $3 billion if we didn't "hedge" at all.
Hey CE, thanks for the link to the investor's call, that was interesting.
Is it recorded, so I can listen to it again? Richard and Ed were talking so fast I missed a few things...something about opening a mx facility in Shanghai...
Our mechanics must be thrilled, think of how much bigger their profit sharing checks will be!