I"m not too sure about Southwest being fit. There were a lot of articles last month saying southwest would be well into the red if not for their fuel hedges. What happens when they run out of that? In the same place as all the others.
Theres an article put out by the boyd group on flightinfo that you should read that talks about this very thing. Boyd is predicting that Southwest will have a run for its money because its fuel prices will dramatically rise in 06 and 07' even with the fuel hedges and the legacies pretty much are operating at the same price if not cheaper.
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