In article vM1Ig.118$c07.112@fed1read04, Sam Spade
wrote:
There's more than one?


I thought JetBlue and Southwest were both profitable...

Southwest has been profitable recently because of fuel hedging. That is
running out.


Southwest has been profitable every year for some 30+ years. Their fuel
hedge has expired and been renewed several times. The fuel hedge isn't
the reason that they've been profitable, it is simply one of the
reasons. The big reason is that management runs the company well and
treats the employees well. In turn, the employees work hard for the
company and the customers. That "big reason" is missing in most of the
other major carriers.

I am concerned, however, that Southwest is beginning to lose its spark,
and mess with a model that has worked well for 30+ years.


JKG