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Here’s what we learned today on The Opening Bell: 1. CEOs think oil prices are headed higher next year. Southwest Airlines CEO Gary Kelly made that clear to me. 45% of Southwest’s fuel portfolio is hedged this year and 65% for next year. Full Article at FOX Business
Related Articles
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LUV's 3Q'09 EPS of $0.03 was generally in-line with recently raised expectations. Full Article at Dallas Morning News - Blogs
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NEW YORK -- Southwest Airlines Co. said Thursday it will keep its 2010 capacity roughly in line with this year. Full Article at FOX News
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NEW YORK -- Despite signs of an improving economy, Southwest Airlines Co. Chief Executive Gary Kelly said Thursday that the worst was not yet behind the low-cost carrier because of higher energy prices and the lack of business travel. Full Article at FOX Business
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Southwest Airlines Co. is scheduled to report third-quarter earnings on Thursday. The following is a summary of key developments and analyst opinion related to the period. Full Article at San Diego Union-Tribune
Related Quotes
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We are projecting that Southwest's revenues will increase 8.7% in 2010 powered by a series of domestic fare increases, market share gains from its no first bag fee promotion, and increased ancillary revenues as a result of new initiatives
SOURCE: MarketWatch -
The key, as always, is capacity ... and investors are likely to treat capacity ambition (no matter how creatively explained or justified) with a very harsh response.
SOURCE: KIVITV.com -
Which allows for anywhere from zero to 10 aircraft retirements next year ... Flexibility with our retirement schedule and other alternatives provides the ability to adjust our 2010 plans if needed.
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The integration [of the two airlines] presented some challenges in the areas of inspection and records during 2007, 2008, and early 2009
SOURCE: Philadelphia Inquirer
