Southwest Airlines (NYSE:LUV) reported earnings today - and for the 69th straight quarter, the airline turned a profit. Its quarterly net income increased 15% from a year ago, to $321 million. These results are worth a closer look, considering the rest of the major airlines lost a combined $6 billion in the second quarter. How does Southwest stay in the black as the rest of its peers bleed red? The secret - it hedges its fuel prices better than anyone in the business
More on this topic
(What's this?)
The Secret Ingredient to Southwest’s Success - LUV the Hedge
(The Wikinvest Daily Angle, 7/31/08)
Guest Post: Top Oil Expert Says Geology is “Fractured”, Relief Wells May Fail and Oil May Le...
(naked capitalism, 8/19/10)
Southwest Airlines Share~Earnings Curve
(Competing for Customers and Capital, 8/24/10)
