Southwest 2Q net profit down 1.3%; fuel hedging pays off
Credit: Joe Pries
Southwest Airlines posted a second-quarter net profit of $733 million, down 1.3% from net income of $743 million the 2017 June quarter, as fuel hedging insulated the carrier from the much larger year-over-year (YOY) profit drops being reported by rival major US carriers. The US airline industry has...
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