Smart hedging keeps Delta profitable in 3Q
Posted 26/10/2011
Though Delta Air Lines’ (DL) third-quarter fuel-related expenses increased 42% year-over-year, the Atlanta-based carrier said it offset 85% of a $1 billion impact of higher fuel prices and saved $100 million in fuel spend through hedging.
Originally published 26 Oct 2011 at: http://feeds.atwonline.com/~r/AtwDailyNews/~3/C-YnTyX3PUY/smart-hedging-keeps-delta-profitable-3q-1025
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