Originally Posted by
Superpilot92
DAL now has alot of cash on hand if it really wants to hedge regardless of credit which we have also.
Yes but in todays market cash is king. You don't want to run through your stockpile. While they now have a lot of cash on hand they also have an arm and a leg's worth of debt. If they burn through their cash pile and things go down hill they'll need those reserves and quickly. With the market where it is interest rates are at a low enough point where taking a loan against their cash on hand keeps their money working for them and allows them to still stock up on oil. There's no such thing as too much hedging in today's market. It's time they bust out a few ink pens and hedge like it's going out of style. Every last dime they can get their hands on needs to be rolling out their door. We know they are now in the black zone. Hedge hedge hedge.