WorldTraveler
Corn Field
- Dec 5, 2003
- 21,709
- 10,662
- Banned
- #46
it's still you because instead of actually looking at the data and doing your own calculations, you rely on a single article which isn't current.
The Brazilian Real is at its worst point in 11 years. there is no other way to put it.
http://finance.yahoo.com/echarts?s=USDBRL=X&t=5d&l=on&z=m&q=l&c=
http://finance.yahoo.com/echarts?s=USDBRL=X&t=5d&l=on&z=m&q=l&c=
the high for the Euro vs Dollar in the last year was 1.39. It closed today at 1.11. plz don't tell me that the difference in those two numbers is a 25% reduction from the high of 1.39. or add your school to the blacklist.
there is one flight from the US to Russia operated by a US airline. Russia's little issue w/ Ukraine is a far bigger source of problems with US-Russia trade (heard of the sanctions in place?) than the exchange. DL has reduced capacity and noted for several quarters that Russia is underperforming. LESS THAN DAILY 767-300ER service.
DL has yen hedges that are reducing DL's exposure to yen decreases. As I have repeatedly said but you have chosen to ignore, DL hedges the yen. UA does too. DL hedges other currencies. AA hedges no currencies OR FUEL.
The current value of DL's currency hedge book was $73 million based on current quotations as of 12/31/2014. (DL 10K for 2014, page 48)
a 10% reduction in the value of the yen and CAD would yield DL an additional $60M in hedge gains.
you do realize that the CAD has lost more than 10% of its value relative to the USD over the last year... and DL is actually the SMALLEST of the big 3 US carriers to Canada....and so far as I can tell, the only one hedged.
for someone who is so quick to call other people dumbasses, you do a mighty fine job of demonstrating how ignorant you actually are on the subjects.
The Brazilian Real is at its worst point in 11 years. there is no other way to put it.
http://finance.yahoo.com/echarts?s=USDBRL=X&t=5d&l=on&z=m&q=l&c=
http://finance.yahoo.com/echarts?s=USDBRL=X&t=5d&l=on&z=m&q=l&c=
the high for the Euro vs Dollar in the last year was 1.39. It closed today at 1.11. plz don't tell me that the difference in those two numbers is a 25% reduction from the high of 1.39. or add your school to the blacklist.
there is one flight from the US to Russia operated by a US airline. Russia's little issue w/ Ukraine is a far bigger source of problems with US-Russia trade (heard of the sanctions in place?) than the exchange. DL has reduced capacity and noted for several quarters that Russia is underperforming. LESS THAN DAILY 767-300ER service.
DL has yen hedges that are reducing DL's exposure to yen decreases. As I have repeatedly said but you have chosen to ignore, DL hedges the yen. UA does too. DL hedges other currencies. AA hedges no currencies OR FUEL.
The current value of DL's currency hedge book was $73 million based on current quotations as of 12/31/2014. (DL 10K for 2014, page 48)
a 10% reduction in the value of the yen and CAD would yield DL an additional $60M in hedge gains.
you do realize that the CAD has lost more than 10% of its value relative to the USD over the last year... and DL is actually the SMALLEST of the big 3 US carriers to Canada....and so far as I can tell, the only one hedged.
for someone who is so quick to call other people dumbasses, you do a mighty fine job of demonstrating how ignorant you actually are on the subjects.