Originally Posted by
gzsg
From Investors Business Daily
"The global airline (Delta) is benefiting from lower fuel prices and even operates its own oil refinery to cut operating costs. Wall Street sees Q1 profit soaring 189% to $1.30 a share, on top of a 36% jump in earnings per share in the same quarter in 2015. Analysts also see full-year profit up 48% to $6.82 a share."
Yes, up 48% for 2016.
That is not the guidance the company gave so I am not referencing it. If in fact their guidance climbs to that level, so much the better.
There is a significant savings on fuel, in the 5-6 billion dollar range. I also expect us to hedge at some point if fuel continues to creep up.