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Thread: Southwest Airlines loses $120M in 3Q on fuel charge
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Old Oct 16, 2008 | 9:12 pm
  #34  
curbcrusher
 
Join Date: Apr 2001
Location: Phoenix, AZ
Programs: WN CP
Posts: 6,360
Originally Posted by Beckles
You do understand that these are write-offs of unrealized gains, not losses in the usual sense.
I strongly suspect he does not given his nonsense "fuel prices continue to drop/best hedges start to expire" mishmash.
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