." as of january 2014 , we had hedges covering approximately 19% ( 19 % ) of estimated consolidated aag ( including the estimated fuel requirements of us airways ) 2014 fuel requirements . the consumption hedged for 2014 is capped at an average price of approximately $ 2.91 per gallon of jet fuel . one percent of our estimated 2014 fuel requirement is hedged using call spreads with protection capped at an average price of approximately $ 3.18 per gallon of jet fuel