The Dallas-based carrier earned $333 million, or 40 cents per share, in the quarter ended June 30. Compare that to $144 million, or 18 cents per share, in the year-ago quarter. Even excluding items related to derivatives and hedging, the carrier had a profit of $273 million, or 33 cents per share.
From the Forbes Article...
Good job SWA!
Apparently you misunderstood!
There income was $273 million dollars. Their gains from fuel hedges were $225 million dollars. Press subtract. They would have made a grand total of $48 million dollars. Lets all celebrate. American made $291 million dollars. Remember that the 2nd quarter is the STRONGEST quarter by far for airlines
WHo's right???