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Old Oct 20, 08, 4:05 pm
  #9  
tom911
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Join Date: Jun 2000
Location: Benicia CA
Programs: Alaska MVP Gold 75K, AA 3.8MM, UA 1.1MM, enjoying the retired life
Posts: 31,697
Originally Posted by 777lover View Post
AA decided to link and justify these fuel surcharges based to th escalating price of oil. Thus, they should be reduced as oil drops.
Would you factor fuel hedging in there somewhere? Seem to recall that UA lost $500 million 3rd quarter when they were hedged at $110 a barrel. I don't know what hedging AA has in place, but I bet it's not for $74 a barrel oil.
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