The same could be said about SW. They made 3.5 Billion from hedges in last ten years.
How much do you think they would be ahead without that?
I read an article where Garry Kelly (CEO of SWA) was asked why he doesn't give some of the fuel hedge money back to the investors in the form of a dividend. His answer was that it would be put SWA into bankruptcy.
So, do you think the investors at Spirit will pocket the fuel hedge money and put us into bankruptcy? or, will they "reinvest" the fuel hedge money back into the airline?