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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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