Originally Posted by
Mesabah
Yeah, like I've said, hedging is a bad idea, DCI is only paying $1.87 gal.
2.93.was actually the combined fuel cost with DCI. The mainline paid 3.13 per gallon. The hedging losses dropped the operating margin from 17.8 to 8.8. I wonder if you looked at Deltas fuel costs over the last 15 years and then compared it to paying market rates how many billions we would have saved.
900 million was also paid into retirement plans!