Latest Fuel hedging Stories

DALLAS, June 6, 2012 /PRNewswire/ -- Southwest Airlines (NYSE: LUV) recently announced that Chris Monroe has been promoted to Treasurer. In this position, Monroe provides Leadership, direction, and support for the Treasury Department, and has direct responsibilities for corporate finance functions including capital markets, cash management and investing, fuel hedging, interest rate and foreign currency hedging, corporate insurance, stock option administration, fleet contract...

DALLAS, April 19, 2012 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its first quarter 2012 results. First quarter 2012 net income was $98 million, or $.13 per diluted share, which included $116 million (net) of favorable special items. This compared to net income of $5 million, or $.01 per diluted share, in first quarter 2011, which included unfavorable special items totaling $15 million (net). Excluding special items, first quarter 2012...

DALLAS, Jan. 19, 2012 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its fourth quarter and full year 2011 results. Fourth quarter 2011 net income was $152 million, or $.20 per diluted share, which included $86 million (net) of favorable special items.This compared to net income of $131 million, or $.18 per diluted share, for fourth quarter 2010, which included favorable special items totaling $16 million (net). Excluding special items, fourth...

DALLAS, Oct. 20, 2011 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its third quarter 2011 results. The Company reported a third quarter 2011 net loss of $140 million, or $.18 per share, which included $262 million (net) of unfavorable special items. This compared to net income of $205 million, or $.27 per diluted share, for third quarter 2010, which included favorable special items totaling $10 million (net). The Company's operating income was $225...

FORT WORTH, Texas, Oct. 19, 2011 /PRNewswire/ -- AMR Corporation (NYSE: AMR), the parent company of American Airlines, Inc., today reported a net loss of $162 million, or $0.48 per diluted share, for the third quarter of 2011, compared to a net profit of $143 million, or $0.39 per diluted share, for the same period of 2010. These results reflect the adverse impact of quarter-end volatility in WTI crude oil prices and foreign exchange rates. WTI prices decreased, while jet fuel prices...

FORT WORTH, Texas, Oct. 10, 2011 /PRNewswire/ -- American Airlines today said it will adjust its late fall and winter schedule, which is expected to result in fourth quarter mainline capacity that is approximately 3 percent lower on a year-over-year basis. In addition, as part of the reductions, American said it will retire up to 11 Boeing 757 aircraft in 2012. "While our advance bookings are generally in line with last year, we are taking these additional steps in light of the uncertain...

DALLAS, Aug. 4, 2011 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported second quarter 2011 net income of $161 million, or $.21 per diluted share, compared to net income of $112 million, or $.15 per diluted share, for second quarter 2010. Operating income was $207 million for second quarter 2011, compared to $363 million for second quarter 2010. The 2011 results include the results of AirTran since the May 2, 2011, acquisition date. Prior periods do not...

FORT WORTH, Texas, July 20, 2011 /PRNewswire/ -- AMR Corporation (NYSE: AMR), the parent company of American Airlines, Inc., today reported a net loss of $286 million for the second quarter of 2011, or $0.85 per share, compared to a net loss of $11 million, or $0.03 per share, in the second quarter of 2010. The Company's second quarter performance was negatively impacted by fuel prices that increased 31 percent compared to the second quarter 2010. Including the impact of fuel hedging, AMR...

DALLAS, April 21, 2011 /PRNewswire/ -- Southwest Airlines (NYSE: LUV) today reported first quarter 2011 net income of $5 million, or $.01 per diluted share, compared to net income of $11 million, or $.01 per diluted share, for first quarter 2010. Both periods' results included special items related to non-cash, mark-to-market, and other items associated with a portion of the Company's fuel hedge portfolio. In addition, first quarter 2011 results included approximately $9 million in...

FORT WORTH, Texas, April 20, 2011 /PRNewswire/ -- AMR Corporation (NYSE: AMR), the parent company of American Airlines, Inc., today reported a net loss of $436 million for the first quarter of 2011, or $1.31 per share. The first quarter 2011 results include the impact of approximately $31 million in one-time non-cash charges related to certain sale/leaseback transactions. Excluding this special item, the Company incurred a loss of $405 million for the first quarter of 2011, or $1.21 per...