3 ms·
Yep, enjoy it while it lasts. A good chunk of their profits comes from that hedging, so when they have to redo their agreements, the belt will probably tighten.
by bprater 18y ago
Yep, enjoy it while it lasts. A good chunk of their profits comes from that hedging, so when they have to redo their agreements, the belt will probably tighten.
- deleted 18y ago[deleted]
- fallentimes 18y agoI wouldn't be so sure. Even after 9/11, Southwest had minimal layoffs. Source: http://tinyurl.com/5mbq9y http://tinyurl.com/5mbq9y While I certainly agree that fuel hedging has played a large role in their current short-term profitability, there's a lot more at work than well timed utilization of financial derivatives.