Originally Posted by
notEnuf
2016 fuel hedge book off. $3B savings for 2016, we are now at market fuel. If you add that to the 2015 $7.2B, 2016 at status quo pre-tax will be $10.2B.
This is completely consistent with all the long range forecasts from JP Morgan, Deutche Bank, and even ALPA national last summer. But our old NC sold us that this was "at risk" and one we shouldn't take.
To date, voting NO back then was the smartest thing we've done.