Originally Posted by
hobo13
From what I've heard, United hedged it's fuel costs when oil was way over $100. So now, they essentially aren't benefiting from the drop. (Which is exactly how hedges work!) So are they going to pass the price of their poor hedging onto customers?
Of course it helps if fuel costs are down. No major airline has all it's fuel hedged. I doubt that UA had less than 30% hedged at $100++, so if it comes down 50% for them, they're still way ahead.