Originally Posted by
threeighteen
Does WN even hedge anymore? they had one good run of it like 10 or 20 years ago but since then it really hasn't been a lucrative endeavor for most airlines that have tried.
They sure do. From the recent 8-k filing, 2022 full year fuel hedging benefit is $945 million, fourth quarter asset value is $163 million.
Adjusted debt to capital is 48%, cash and short term investments stand at $14.4 Billion, and the only US airline with investment-grade rating by all three rating agencies.