Originally Posted by
sailingfun
THe charge for stock issues was smoke and mirrors. No actual cash outflow. THe 600 million plus losses on hedges are however real dollars and come right out of cash on hand. SWA got hit very hard on this and it had a dramatic impact on cash. Same for Delta just on a smaller scale.
i thought thats if they sell the hedges? The loss is a loss in value not in cash when talking about hedges, right? unless they sell for a loss of course