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Old 02-25-2022 | 09:44 PM
  #1261  
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Originally Posted by Skeet20
--Fuel Prices were high before the Ukraine debacle. If jet fuel continues to rise, look for SWA to tap the breaks on any growth. What we have right now is not growth, its's just getting us back to numbers prior to the scam-demic.
good thing we are 85% hedged! Would hate to be completely exposed to these current oil prices
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Old 02-26-2022 | 01:28 AM
  #1262  
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From: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
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Originally Posted by Smooth at FL450
good thing we are 85% hedged! Would hate to be completely exposed to these current oil prices
Are we and for how far out? I’m genuinely asking.
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Old 02-26-2022 | 04:51 AM
  #1263  
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From: B737CA
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Originally Posted by Skeet20
--Fuel Prices were high before the Ukraine debacle. If jet fuel continues to rise, look for SWA to tap the breaks on any growth. What we have right now is not growth, its's just getting us back to numbers prior to the scam-demic.
How many cities did we add again during the pandemic?
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Old 02-26-2022 | 05:08 AM
  #1264  
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Originally Posted by WHACKMASTER
Are we and for how far out? I’m genuinely asking.
from the recent 10-k

Attachment 6616

Last edited by Smooth at FL450; 08-20-2023 at 04:48 AM.
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Old 02-26-2022 | 05:32 AM
  #1265  
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Originally Posted by Smooth at FL450
good thing we are 85% hedged! Would hate to be completely exposed to these current oil prices
Wonder if those hedges have a force majeur clause… 🤭😏
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Old 02-26-2022 | 08:32 AM
  #1266  
Spikes the Koolaid
 
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Originally Posted by ZapBrannigan
Wonder if those hedges have a force majeur clause… 🤭😏
Of course not! Management would never allow a clause as toxic as that in a contract that might affect them negatively.

Which is why they so desperately want to put them in their contracts with us.
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Old 02-26-2022 | 08:33 AM
  #1267  
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Oh snap! Zap for the win. Zing!
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Old 02-26-2022 | 08:48 AM
  #1268  
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Originally Posted by ZapBrannigan
Wonder if those hedges have a force majeur clause… 🤭😏
Now that was funny. ( Beer spitting out of mouth funny )
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Old 02-26-2022 | 01:06 PM
  #1269  
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Originally Posted by waterskisabersw
Of course not! Management would never allow a clause as toxic as that in a contract that might affect them negatively.

Which is why they so desperately want to put them in their contracts with us.
Yep.

From FordHarrison's analysis of force majeure clauses and the pandemic: "The absence of a force majeure clause can also serve as a learning opportunity. In many ways, after the COVID-19 pandemic, life — and business — will never be the same again. From now on, ensure your contracts have a force majeure clause..."

If you don't know what FordHarrison is, you should find out.
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Old 02-26-2022 | 03:23 PM
  #1270  
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Originally Posted by Smooth at FL450
good thing we are 85% hedged! Would hate to be completely exposed to these current oil prices
Where is that stated anywhere?? We used to be ,but I don't think that is the case anymore.
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