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Southwest Airlines' fuel hedging boosts profits

Southwest Airlines reported a higher quarterly profit, as hedges locked in most of the low-cost US carrier's jet-fuel expenses well below market prices. Derivatives...

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Hedging fuels higher profit for Southwest Airlines

Second-quarter profit rose 15 percent at Southwest Airlines as the carrier's strong fuel-hedging position helped mitigate against high oil prices. (LUV)

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Southwest Airlines reports a profit

While other airlines are losing money, Southwest Airlines Co. yesterday reported a $321 million second-quarter profit, beating Wall Street expectations, largely by hedging fuel costs.

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Southwest Airlines will soon be No. 1 at four of five area airports

By hedging its fuel purchases, the bargain carrier shows a profit increase as competitors dump flights. Southwest Airlines Co. this fall is on track to become the busiest carrier at Los Angeles International Airport and at three of the four regional airports in Southern California as high fuel prices force its main competitors to cut flights.

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Southwest Airlines Co, Q2 2008 Earnings Call Transcript

Southwest Airlines Co (LUV) Q2 2008 Earnings Call Complete Story »

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Southwest Airlines Shares Its LUV With Children of U.S. Troops

Employees Donate, Package, and Load School Supplies on Military Vehicle Bound for Troops' Children DALLAS, July 24 /PRNewswire-FirstCall/ -- Southwest Airlines Employees today were joined at the airlines' Dallas Maintenance Facility by Herb Kelleher, Chairman Emeritus and Founder, and Colleen Barrett, President Emeritus, to send off a U.S. military cargo truck carrying 1,000 backpacks filled with...

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Southwest becoming busiest airline at southern California airports

By carefully hedging its fuel purchases, Southwest Airlines has managed to continue to show profit while its rivals are grounding flights. The budget carrier is on track this fall to become the busiest airline at LAX and also at three other airports in southern California – in the midst of soaring fuel prices and [...]

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Threat delays flights at N.Y. MacArthur Airport

At least four outgoing flights have been delayed at New York's MacArthur Airport after a bomb threat was called into a Southwest Airlines office in Houston.

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Today in the forums: Should Southwest fly to Puerto Rico?

"Why in heaven's name (doesn't) Southwest Airlines … fly to Puerto Rico?" That's the question asked by reader southwestjeteh. He also notes that there's a page on Facebook advocating the cause. What do you think about this topic? Help keep...

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Bomb Squad Investigates Threat At L.I. Airport

Police and TSA officials are investigating a possible bomb threat on a Southwest Airlines jet at Long Island's MacArthur airport, CBS 2 HD has learned. Sources tell Chopper 2 HD, a threat was called into Houston's Southwest Airline's operations center for a specific outbound flight from MacArthur to Chicago, departing at 7 a.m. 136 passengers were booked onto flight 2622, which is a Boeing 737 aircraft....

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Bomb threat at L.I. MacArthur Airport

At least four outgoing flights have been delayed at New York's MacArthur Airport after a bomb threat was called into a Southwest Airlines office in Houston.

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The Secret Ingredient to Southwest's Success: Hedged Oil

The Simplified Investor submits: Southwest Airlines (LUV) reported earnings Thursday - and for the 69th straight quarter, the airline turned a profit. Its quarterly net income increased 15% from a year ago, to $321 million. These results are worth a closer look, considering the rest of the major airlines lost a combined $6 billion in the second quarter. How does Southwest stay in the black as the...

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Southwest's string of profits vulnerable

DALLAS – Joe DiMaggio's hitting streak ended, so did Cal Ripken Jr.'s string of consecutive games. Will Southwest Airlines' mark of 69 straight profitable quarters be the next record to fall?

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Southwest tops forecast

New YorkSouthwest Airlines Co., which has a history of successfully hedging against high fuel costs, yesterday posted a higher-than-expected quarterly profit, despite sky-high oil prices.

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Southwest extends profitable streak

On Thursday, Southwest Airlines reported a bigger second-quarter profit than Wall Street expected. But the whispers grew that Southwest might soon succumb to the sagging economy.