maxblast72
Well-known member
- Joined
- Jun 5, 2006
- Posts
- 931
Airtran is only hedged 30% for November and December. So we are paying close to $2 a gallon for Jet A for 70% of fuel needs. Rumors are of a small profit for 4th quarter. Airtran.com showing an estimate of a $80 million profit for 2009.Not for Airtran. We are hedged at $120 a barrel.
We will be OK. Profits and a more labor friendly NMB should help us get some leverage for contract 2009.