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To: DAC21
BS, Airlines use futures contracts, along with options and swaps, to hedge against volatile fuel prices by locking in a set price for future consumption.

Maybe most airlines, but not Spirit. Spirit was in bankruptcy for some time before it failed, and I can assure you that nobody was selling fuel to the company under any kind of contract. They would have to pay cash for fuel on the spot market to buy fuel from any supplier that isn’t retarded.

13 posted on 05/02/2026 2:29:41 PM PDT by Alberta's Child (If I leave here, it’s because I’m tired of arguing with geriatric parrots wearing MAGA hats.)
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To: Alberta's Child

Or prepay

I am sure someone would take their cash


15 posted on 05/02/2026 2:44:55 PM PDT by cableguymn (Can't cancel all of us)
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