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    • April 24, 2008

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

    Filed under: Fuel Surcharges, Southwest — Rick Seaney @ 9:38 am

    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

    « ABCNews.com Column: The Airlines are Nickel and Dime-ing Us   One Way to Cut Fuel Costs: Sl-o-o-o-o-w the Planes Down »

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