Fuel Hedging ?
- Thread starter insp89
- Start date
rat tales
Senior
- Oct 3, 2007
- 266
- 13
United has assumed the position!
http://blog.wired.com/cars/2008/09/airlines-hurt-b.html
US Airways has not hedged because it hasn't had an abundant amount of cash to hedge.
Hope they found some when it was under $94
http://blog.wired.com/cars/2008/09/airlines-hurt-b.html
US Airways has not hedged because it hasn't had an abundant amount of cash to hedge.
Hope they found some when it was under $94
autofixer
Veteran
- Aug 20, 2002
- 1,804
- 241
LCC is hedged 58% in the 3rd quarter '08, capped at $97. LCC is hedged at 47% in the 4th quarter '08, capped at $108. The total value of the hedges was estimated at $190 million, that of course, can swing both ways, a plus or a minus. That is why it is called speculation.
It looks like the 3rd quarter may work out, however, it is yet to be seen how the hedge prices will perform in the 4th quarter.
See page three of the following transcript:
http://seekingalpha.com/article/86318-us-a...anscript?page=3
It looks like the 3rd quarter may work out, however, it is yet to be seen how the hedge prices will perform in the 4th quarter.
See page three of the following transcript:
http://seekingalpha.com/article/86318-us-a...anscript?page=3
BuffaloJoe
Veteran
- Aug 17, 2005
- 2,873
- 18
The same Position as giving Good Customer Service!
Generally, yes. When you merge, the new entity retains all of the assets and all of the liabilities of the merging entities. Valuable contracts or debts that used to belong to US would belong to the new entity and likewise with valuable contracts of debts of UA. After a merger, just substitute the surviving company's name for the old name on the contract.
- Thread Starter
- Thread starter
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Thank you autofixer...
