Originally Posted by
pptp
Right, I see the point about pension but I'm not sure why fuel wouldn't be counted as non-labor costs. It's a cost and it's not labor related. SWA fuel hedges have saved them (made them) hundreds of millions (if not billions) over the last ten years.
I agree with you completely - but the Dallas Morning News reporter failed to point out that their numbers in this article are ex-fuel as well as ex-labor. AA's CASM including fuel and labor is over 10 cents, so it's apparent that these numbers exclude both.