TangoWhiskey
Touchdown! Greaser!
- Joined
- Feb 23, 2005
- Messages
- 14,210
- Location
- Midlothian, TX
- Display Name
- 3Green
- Home Airfield
- KJWY - Mid-Way Regional
SWA posts (first-ever?) quarterly loss
http://news.prnewswire.com/DisplayR...CT=104&STORY=/www/story/04-16-2009/0005007012
http://news.prnewswire.com/DisplayR...CT=104&STORY=/www/story/04-16-2009/0005007012
DALLAS, April 16 /PRNewswire-FirstCall/ -- Southwest Airlines (NYSE: LUV) today reported a first quarter 2009 net loss of $91 million, or $.12 loss per diluted share, compared to net income of $34 million, or $.05 per diluted share, for first quarter 2008. First quarter 2009 results included special charges totaling $71 million (net), relating to non-cash, mark-to-market and other items associated with a portion of the Company's fuel hedge portfolio.
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But then again, I would not have had the opportunity to fly where and what I have been flying. :smile: