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Old 03-22-2015, 09:30 PM
  #179921  
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Originally Posted by RockyBoy View Post
the price is going to hit $20/bbl by the end of the year.
Then we won't hedge because it *might* go lower.
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Old 03-23-2015, 07:02 AM
  #179922  
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Originally Posted by gloopy View Post
Then we won't hedge because it *might* go lower.
You just don't lock in prices, someone is on the opposite end of the trade. At $20bbl, Delta would have to buy call options, and then could lose billions when the price of oil doesn't go up enough. The best way to hedge is to not do it at all. Hedging is no different than putting $1 billion on black at a roulette table in Vegas.
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Old 03-23-2015, 07:12 AM
  #179923  
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Originally Posted by gloopy View Post
Then we won't hedge because it *might* go lower.
Then the Co should put ALPA EF&A on the case. Their forecasting capabilities are unrivaled.
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Old 03-23-2015, 07:31 AM
  #179924  
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Beginning April 1, FA training pay goes to 4:45. Any chance we'll get a 'me too' on that one??
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Old 03-23-2015, 07:54 AM
  #179925  
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Originally Posted by flyallnite View Post
Beginning April 1, FA training pay goes to 4:45. Any chance we'll get a 'me too' on that one??
Really?!!
What is it today?
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Old 03-23-2015, 07:57 AM
  #179926  
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Originally Posted by Raging white View Post
Really?!!
What is it today?
I believe it's 3:45 until April 1. They have different pay for travel days, so it's really only a good deal for those who live in a base with a training center. But nevertheless, 4:45 whereas we are paid 3:45.
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Old 03-23-2015, 08:50 AM
  #179927  
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Originally Posted by forgot to bid View Post
ATL 1966



What was the pay / QoL on the PA-30?

Nu
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Old 03-23-2015, 09:36 AM
  #179928  
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Originally Posted by NuGuy View Post
What was the pay / QoL on the PA-30?

Nu
those guys in the c46 were dog cussIng that outsourcing.
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Old 03-23-2015, 09:39 AM
  #179929  
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Originally Posted by NuGuy View Post
What was the pay / QoL on the PA-30?

Nu
You can't see if from that angle, but that PA-30 says South West on the side.

He's hustling out, going V1, trying to cut off both the Delta and United aircraft, probably got a load of kittens on board!
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Old 03-23-2015, 09:54 AM
  #179930  
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Originally Posted by Mesabah View Post
You just don't lock in prices, someone is on the opposite end of the trade. At $20bbl, Delta would have to buy call options, and then could lose billions when the price of oil doesn't go up enough. The best way to hedge is to not do it at all. Hedging is no different than putting $1 billion on black at a roulette table in Vegas.
It's not quite like routlette.

I think over the long term a fuel hedging strategy will even out the highs and lows of fuel costs making it easier to predict costs. You won't always be on the winning or losing end of the deal, but on average you will be just as well off as someone who has not hedged and you will have a more predictable number for cost estimates.
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