Originally Posted by
Smooth at FL450
Enough cash in the bank to pay off all debt and still be $5B net cash +, about 2/3 hedged for 2022 fuel consumption at $80, and minimal international exposure. Things will hurt...but you know that saying about not needing to outrun the bear when your friend is slower?
Southwest gonna southwest. On top of hedges, SW will probably retire 700s quicker and replace them with more efficient and much needed higher takeoff weight max7s.
They’ve already said they don’t plan on adding any new cities but they will continue to chip away at AAL and UALs domestic market.
But I’m not sure if any airline business model works with $200+ Oil.