ARD Price Target FY07: TBA
ARD EPS Estimate FY07: TBA

Friday, June 02, 2006

Northwest Airlines Hedges Fuel Costs

Maybe some big-wigs at NWA read, "Twilight in the Desert." This is a good move for Northwest Airlines to enter into some hedging contracts by putting a ceiling in at $79 a barrel and a floor at $65 a barrel for 25% of fuel consumed between July and December of 2006. This summer we will surpass $95 a barrel.