Southwest Airline’s Secret Weapon
Southwest Airlines had a secret weapon in the second quarter: Its fuel hedges.
August 5, 202223m 22s
Audio is streamed directly from the publisher (traffic.megaphone.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Southwest Airlines had a secret weapon in the second quarter: Its fuel hedges. That helped propel it to an impressive 17% operating margin. High oil prices pulled down the results of most other U.S. airlines during what was an otherwise strong quarter. Also, Edward Russell and Jay Shabat discuss what’s next for JetBlue and Spirit now that they’ve agreed to merge.