Southwest: Still Smarter than All the Other Airlines - Corey Lorinsky (ClusterStock)

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Southwest: Still Smarter than All the Other Airlines
Jun 09, 2008 12:10 PM UTC

Corey Lorinsky (ClusterStock)

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Symbol	Sentiment	Start	Return	Closed
LUV		06/09/08	-52.55%	--

5/30 - "Every year, it's the same story. Southwest Airlines (LUV) hedges against high oil prices and the other airlines bemoan that they should have done the same (some also go bankrupt)...this year they hedged 70% of their fuel costs at $51/barrel."

"Many analysts see Southwest as the only airline likely to show a profit this year. Airline analyst Terry Trippler goes one step further and has a dire forecast for the end of 2008:

'[Southwest] may be the only one left standing.'

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