Delta announced today it will lose another 1 Billion dollars in 2005

Most of the US Airlines are losing money due to higher fuel cost's

In Europe, airlines are making money and the fuel is 3 times more expensive.

I don't get it.

Is it some new type of math the US airlines are using or have they
become bloated Politically Correct business model disasters due to PC
hiring practices and employee perks?

Or are they looking for a tax payer bailout for their inefficient
business operations?

Just curious