FlyerTalk Forums - View Single Post - Southwest Airlines loses $120M in 3Q on fuel charge
Old Oct 16, 2008 | 9:15 am
  #6  
irabk
 
Join Date: Aug 2001
Location: LAS
Programs: SWA
Posts: 1,320
Originally Posted by num1bearsfan
This is confusing to me.. So they're claiming that they incurred $120 Million just in administrative fees from it's hedging program? In other words, office work? I'm just trying to understand..
This might be the fees involved in getting out of underwater hedges.
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