Southwest falls to 3Q loss on fuel hedging mark-downs
Posted 21/10/2011
Owing to $227 million in unrealized, noncash fuel hedging mark-downs, Southwest Airlines (SWA) incurred a third-quarter net loss of $140 million, reversed from a $205 million profit in the year-ago period.
Originally published 21 Oct 2011 at: http://feeds.atwonline.com/~r/AtwDailyNews/~3/4bcthO7BqXY/southwest-falls-3q-loss-fuel-hedging-mark-downs-1020
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