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SEC filing, discusses available seats and fleet

I know hindsight is 20/20, and many of us have jumped on the fuel hedging issue, but just a note that 44% of the 3Q fuel is hedged at roughly $66-74 and crude is currently selling at about $60.
 
I know hindsight is 20/20, and many of us have jumped on the fuel hedging issue, but just a note that 44% of the 3Q fuel is hedged at roughly $66-74 and crude is currently selling at about $60.
That is why hedging works much better in the long run when prices are unusually depressed.
 

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