Thread: Delta 1.4B Loss
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Old 01-27-2009 | 11:24 AM
  #19  
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PinnacleFO
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From: CRJ Captain
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Originally Posted by Superpilot92
For the December quarter, Delta reported a net loss of $1.4 billion, including $900 million related to employee equity awards and a $91 million loss on fuel hedges. Delta would have reported a $167 million net profit for the quarter, excluding special charges, if fuel had been purchased at market prices. As of Dec. 31, Delta had $6.1 billion in total liquidity and cash collateral posted with hedge counterparties.
I hate when companies say this, well we would have made money. Guess what, you didn't, you lost 1.4 billion dollars, deal with it.
Thats like me saying, well I would have made 100,000 last year if my pay rate was higher....
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