Originally Posted by BlackRocket
Southwest will "rule the skies" by 2012. They
ALWAYS do a better job of hedging fuel costs and continually make a profit albeit while groing their business. My forecast is that most Legacy carriers will be scaled back to just overseas transporters with SWA as their feeder
don't count on it. SWA is rapidly running out of profitable city pairs and as their growth slows, their expenses increase as workers age and must be paid more, etc.
also, their hedging dept is doing an outstanding job but how many 30 dollar barrels are they going to be getting next year or the year after or the year after? i can't see too many hedging companies writing any more of those contracts for a while.
also, steve forbes thinks fuel is going to crash sometime in the next year.