Ok daytripper. Simple question that should be incredibly easy to answer.

If Southwest made $273 million excluding fuel hedging, and they saved $225 million from fuel hedging, how much was their actual profit this quarter??

Was it really $498 million dollars?? Ya right! Why is no one advertising that number. You are wrong. $273 million is their profit. $225 million is their savings from fuel hedging. Remember 1st grade math. Subtract. You get a whopping $48 million (During the strongest quarter of the year).

Oh, P.S. American made $291 million. Continental made $198 million. Looks like Southwest is cominig out of their protective bubble.