View Single Post
Old 10-22-2009 | 12:19 PM
  #71  
acl65pilot's Avatar
acl65pilot
Happy to be here
 
Joined: Jun 2006
Posts: 18,563
Likes: 0
From: A-320A
Default

Originally Posted by Check Essential
Actually, if you look close I think you'll find that the hedging losses were folded into the operating numbers. They were not included in the special items.
We would have made nearly $300 million on an operating basis if management had not lost all that money on fuel contracts.
True, and one of the reasons accounting is a form of art.
Reply