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Originally Posted by Tim Talking bout SWA being in red if not for hedges well thats part of the game. Hedges can be a gamble if for some reason fuel drops below the going rate. SWA has just been able to hold their hedges and not to immediate cash. Hedges are a gamble and SWA is winning | Actually being completely exposed to fuel price swings is a gamble. Hedging is taking the gamble out of it by locking in fuel costs. But you've got to be credit worthy.
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