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| Fuel Price Area Discussions A place to discuss the fuel prices in your areas. |
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10-16-2008, 12:30 PM
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I guess hedging wasnt a good idea after all!
Southwest Airlines posts 1st loss in 17 years - USATODAY.com
The loss was because Southwest took $247 million in special charges, mostly to write down fuel-hedging contracts that are less valuable when oil prices fall, as they have in recent weeks. 
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10-16-2008, 02:52 PM
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Some days you get the bear, but some days the bear gets you. OUCH!!!
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