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Thread: CO Locks in More of Its Fuel Costs
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Old Sep 29, 2008, 9:19 am
  #15  
sbm12
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Join Date: Apr 2001
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Anyone seen a note on how much this exercise actually is going to cost CO? United recently wrote down $500MM in hedge losses. I'm hopeful that CO's exposure isn't that high, but certainly there is a pretty significant loss looming on these hedges.
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