Old School
Well-known member
- Joined
- Feb 17, 2005
- Posts
- 115
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Delta is not necessarily hedging the market as an investor, per se'. They are trying to get an accurate predictor for costs, so they can build their pricing and revenue models for business going forward. This is not to infer that they will not bend to competitive pressures and they have stated their uncertainty about 2009. But for the next six months they have to have a game plan.
their fourth qtr will read like this:
Delta reported a $335,000,000 profit today as they nearly took over the world however due to special one time charges showed a net loss of 3 million and a special one time writeoff of $250,000,000 due to ( insert your own term here, merger, bankrupcy, fuel hedge loss etc etc)