AMERICAS: 4Q loss for Southwest Airlines

Southwest Airlines has reported a fourth quarter loss of US$56 million, in part due to losses resulting from its fuel-hedging strategy. Th is compares with a gain of US$111 million in the same period a year earlier. Southwest paid 23 per cent more for fuel than ayear earlier.


Southwest Airlines has reported a fourth quarter loss of US$56 million, in part due to losses resulting from its fuel-hedging strategy. Th is compares with a gain of US$111 million in the same period a year earlier. Southwest paid 23 per cent more for fuel than ayear earlier.