Michael Boyd on CNBC

densoo

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"The only reason Southwest is making money is because of a bet they made on fuel hedges, and won." Their operational model is having the same problems as the legacy carriers.

"Delta also had their fuel hedged, but in a moment of "brilliance," their CEO sold the hedge for $80M, which is what they're probably paying per week now in additional fuel costs."
 

landlover

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densoo said:
"The only reason Southwest is making money is because of a bet they made on fuel hedges, and won." Their operational model is having the same problems as the legacy carriers. QUOTE]

well i suppose if the legacy carriers were making money they wouldn't be having these so called problems.

Do you concur?
 
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