I have the same problem! Every year I make a big bet with my life insurance company. I wager that I'll die sometime during the year, even though the odds are waaaay against that happening. Over the years I've thrown thousands of dollars away.

Intervene immediately! Call them right now and share your 20/20 hindsight. In a calm, patient tone, tell them what the price of oil will be next year. :D
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Sorry for the snark. I read the hedging loss info with the same concern. If the guys making the hedge decisions were low paid nitwits brought in to spin the Wheel Of OPEC for big money - cool. But we've been told by our senior executives that they're really good at this.

Prove it.

We are gonna hire 1000 guys/year. Show me some numbers on the training efficiencies of which you speak

Management pilots hired off the street 3 months earlier checking pilots there 20 years. The loss of those positions off the list. Pre built scab list. Jobs lost from pay banding, reserves used as seat fillers for sim events constantly while on long call in Anchorage among other places.

I agree with you on all those points but the way you made it sound the only thing good about their contract was the pay banding. I was saying that is the main thing I don't like. The management pilots don't even use the contract so how is that valid? Being used on reserve for sim seat fill would suck.

One other thing I like that they do is bid two months at a time. It would make planning family trips a lot easier.

I was talking about UPS and pay banding. None of this has anything to do with us hiring 1000 guys/year.

Actually I guess it does and actually makes my point. If we had pay banding we would not need to hire as many as we are now. I don't have any idea how many less but it would be less.

Not sure what AMT is. I looked it up. Alternate minimum tax. How do I avoid it in the future? I am guessing I haven't made enough money yet in one year to have to pay it.

The whole AMT thing is why I would be FOR some sort of (in addition to the 401k) deferred compensation option in future contracts.

A few years ago my wife bought a hybrid. We were suppose to get a $2700 tax CREDIT. Went into AMT. First thing to go was the credit.

I'm embarrassed to have to ask, but how does one Deviate from Deadhead on the front end? Thanks.

Jerry used to make that argument too. But he never came up with any numbers to prove that it is the catastrophe that it is made out to be. I just can't get on board with it being a bad idea based on hyperbole. I don't believe for a second that it will affect hiring to any measurable degree. We are going to grow at something like 3%/year. If you couple that with the retirements, it's a skeeter on an elephant's butt.