Airlines not smart enough to secure fuel contracts when prices are low should go out of business. It's what Southwest does (and I'm sure plenty of other airlines). I mean, what special sauce do other airlines have that allow them to weather higher fuel prices?
Money & Economics
- Thread starter bigredfish
- Start date
#5 not quite like the others, but yeah
Bond yields are going up - BAD
Interest rates are stuck but generally follow the 10 yr Bond Yield- Also BAD
Bond yields are going up - BAD
Interest rates are stuck but generally follow the 10 yr Bond Yield- Also BAD
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A very good friend is a mid level muckety muck at SW.
They're feeling it and prices are going up across the board for seats across every single major carrier. YOU are paying for it.
No airline was hedged for 2X-3X fuel costs
