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Southwest Airlines to triple its profit
New York, Usa - Thanks to fuel hedges
US carrier, Southwest Airlines, tripled its profits in the first quarter of the new year thanks to fuel hedges which helped it to blow from surging oil costs, which has been forcing rival airlines, even larger than Dallas-based Southwest, to big losses. The airline said that its profit in the first three months of the current financial year was USD 76m compared to USD 26m in the same period a year...
AVIONEWS - World Aeronautical Press Agency - 118798
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency