75? That was yesterday.
Oil is trading at $69 this morning and still headed down.
The legendary Southwest advantage over all other airlines is evaporating fast.
SWA allegedly has huge hedge positions far into the future. Way more than other companies. That seemed like pure genius up until a month ago. If the collapse of oil prices continues, it could quickly become a serious problem.

The key going forward will be identifying the bottom. You can bet there's a lot of CEOs out there right now trying to figure that out. They all want to be the next genius.

When one hears the words "misery loves company" I instantly think of you. Dont worry SWA will show a yearly "PROFIT" as they have since 1971. Does anyone care about a quarterly loss? I dont think so. Yawning.....

Speaking of fuel hedges, now that oil is as low as $68 per barrel, I hope every major airline who hopes to survive the next few years is buying fuel hedges right now.

Great thoughts waterboarder, you've really contributed to this thread and the forum. Keep up the good work!

very original.

It's sad how many pilots have hidden jealousy against Southwest, and show enthusiasm with this loss... Just sad.

What is amazing is not only the jealousy, but these are the same whiners on other posts that tell guys working for the Virgin America's of the world that they are bringing wages down. Here at SWA you have industry leading wages bringing up the quality of life of all pilots. People like EWR and waterboarder should be embarrassed to call themselves pilots. Way to go guys, give yourselves a hand, clap, clap, clap.

I'm waiting for the all the union heads to want Gary Kelly's head on a plate. After all I'm sure they will say "Southwest loss money due to his large salary, and poor managment", just give it time that seems to be the unions answer for everything.

Nothing sad about it. Just human nature.
Many are tired of SWA being able to underprice the rest of the industry because of commodity speculation.
It appears those days might be over. With the oil price cut in half, the playing field just got a lot more level.