Originally Posted by
highflyer40
To be fair and put it in perspective, that will also be the same with almost every other airline out there!
You can’t blame decisions made before the pandemic for there outcome now.
AA does not hedge fuel at all, their CEO says it is just not worth it in the long run. Based on the 4B USD we recently lost plus the losses that are coming, I would say he is right. CX has lost more money through their hedging department than they have ever gained. The fact that these people are still employed while continuing to lose billions of dollars for the airline is gross negligence.