About Rick Seaney, CEO FareCompare

Rick Seaney

Rick Seaney, co-founder of FareCompare.com - is a world-class air travel expert.

FareCompare.com presides over a kingdom of sophisticated software that searches out fares and destinations at a billion combinations per query - while keeping track of 500 airlines serving more than 270,000 markets around the globe.

And all of Rick's data is updated continuously - in real-time.

No wonder he's the media's go-to guy for all things air travel. He's got the answers. And he loves to share his knowledge.

That's why Rick and the team created FareCompare.com - to help everyone become an air travel expert, and get the best deals first -- every time they fly.

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Hedging Fuel: Why Southwest is the ONLY Profitable Airline This Year

April 24, 2008 | Posted in: Fuel Surcharges, Southwest

The first quarterly reports of 2008 are out, and the airlines are not looking good. But there was one bright spot:

Southwest. The only airline to show a profit.

Take a look at the excellent chart from the New York Times (keep reading below or click here) and you’ll see why. Only Southwest has been far-sighted enough to hedge the price of its fuel as much as it has, in the past — this year — and in the years to come.

New York Times – Airline Fuel Hedge Chart

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