has SWA made any money in the last year or so flying passengers? or has it been a smart/lucky guess on fuel hedging? IOW: if SWA was paying the same for fuel as the rest of the industry...where would their #'s be? honest question: NOT flamebait!
anybody have stats?
SWA pays the same at the pump as everyone else. The hedge is actually a bet/investment on Wall Street on the price of HEATING oil. As has been previously stated on other threads I am sure most have read, we have a small team of people whose sole job is to make such investments; kinda like day trading on a large scale. One more time for everyone out there who fails to understand; we pay the same at the pump as everyone else, but we also have a very talented team of people who are smart and make up the difference. It is not cheating like you imply just smart business moves! Cheers...
Last edited: