Just curious, many of the SWA guys say that SWA's fuel hedges aren't going to end. I just heard on TV that fuel hedging for the airlines is becoming less of an option to offest the cost of aviation fuel. Recently I saw an interview with Kelly and even he admitted "we bet the farm" when it came to their initial fuel hedging.
I just read an article that Southwest's fuel hedging power is slowly coming to an end.
http://www.247wallst.com/2007/04/southwest_airli.html
Just curious what what ya'll think? I'm not a hater, not trying to pick a fight; just trying to figure this all out. It would make sense to me that if SWA was doing it, everyone would be too.
-Fatty