Originally Posted by
Is offline
You realize most airlines hedge fuel for five or more years? Even then the price of jet A has not gone down that much since oil plummeted. The RJ's make money and not only that they provide 90% of the feed for mainline.
Your post could not be further from the truth. Most major airlines are virtually unhedged at the moment and plan to stay that way. Jet fuel prices have dropped like a stone. They were as high as 3.00 a gallon and got as low as 1.25. Every penny is worth 25 million dollars to a airline the size of Delta. RASM has declined every quarter for almost two years. Profits are solid only because of the drop in jet fuel prices.