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Old 10-11-2008 | 07:43 AM
  #12  
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WAVIT Inbound
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Joined: Mar 2006
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From: SkyWest Captain
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Originally Posted by rickair7777
The economy may still do enough damage to airline revenues to make up for any drop in fuel prices.

Also once the furlough/fleet reduction starts, it's hard to stop it.

Lower fuel prices might not change much anyway...the very fact that we now know that oil can shoot up to $150 in a matter of months or weeks will likely keep managers pretty conservative going forward.

So why not hedge now to keep from worrying about whether or not it will shoot up in a matter of weeks?
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