Jet Fuel $1.24
Down $1.98 since 2013.
Each one of those 198 pennies represents $40 million to Delta's annual profits. That is a $7.92 BILLION dollar drop in annual fuel expense. AND MANAGEMENT WANTED CONCESSIONS FROM US.
Remember, we get a cheaper price due to the refinery.
IMO 2016 profits will exceed $9 billion and our profit sharing will exceed 29%. Do you want to give that up?
Alaska pilots max vacation is 162 hours annually.
Delta 113 hours annually. Record profits and bankruptcy vacation.
FedEx 216 hours
UPS 175 hours.
Oil will easily fall into the $20s. And jet fuel will fall right with it.
Aim high.