Originally Posted by
Relic01
I don't care how you cut it, this is a huge loss for anyone. Plus United fared a lot better this quarter than Delta which surprised me. Waiting to see how CAL does tomorrow. Southwest loss was minimal when compared to Delta. Tough market but Delta's burning through cash quickly. Looks like a repeat to me.
I might be reading it wrong but it looks like United lost over $500 million in operating losses and made a little on the fuel hedge. Delta broke even on a operating basis and lost on the fuel hedging.