Delta Isn’t an Airline, It’s a Complex Derivatives Trading Firm.

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  1. BoardingArea

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    Modern airlines are really transportation system, and part financial trading firm. And sometimes they're more of the latter than the former. Indeed, here's what Delta has been up to after losing over a billion dollars on fuel hedges in the first quarter of this year: Continue reading Delta Isn’t an Airline, It’s a Complex Derivatives Trading Firm....

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