Old Oct 18, 08, 4:35 pm
Join Date: Dec 2007
Location: Harrogate
Programs: BA, KL, DL
Posts: 928
Originally Posted by Tiger_lily View Post
I never thought I'd see the day that that happened. Is it true that UA hedged at ~$130?
Well, UA has said it expects to lose $544 million due to fuel hedging, just in 3 months

One can only assume that they've hedged at well over $100 per barrel for months ahead!


And yes, Southwest has also made a loss due to its fuel hedges


Just goes to show how volatile this whole industry is... I think some of us take it for granted sometimes!!
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