Hedging Isn't the Only Reason for Southwest's Low Costs

STEVE LOTT

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Hedging Isn't the Only Reason for Southwest's Low Costs

机译：套期交易不是西南航空低成本的唯一原因

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While Southwest executives have won well-deserved praise for the company's fuel-hedging policy that has saved millions of dollars, they have used other strategies to keep costs in line that attract much less notice. During the first two months of 2006, U.S. jet fuel spot prices averaged $1.81 per gallon, which is high but not as bad as in the final months of 2005, when fuel topped $2.15 per gallon. Amid the high prices, South-west's fuel-hedging strategy has clearly been an unprecedented success.

机译：尽管西南高管因该公司的燃油套期保值政策节省了数百万美元而赢得了当之无愧的称赞，但他们还是采用了其他策略来保持成本不变，从而引起了越来越少的关注。在2006年前两个月中，美国航空燃油现货平均价格为每加仑1.81美元，虽然不高，但不及2005年最后几个月的最高水平，当时燃油突破了每加仑2.15美元。在高油价中，西南航空的燃油对冲策略显然取得了空前的成功。

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《Aviation Week & Space Technology》 |2006年第14期|p.45|共1页
作者
STEVE LOTT;
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作者单位

Aviation Week Group's Aviation Daily;

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收录信息美国《工程索引》(EI);
原文格式 PDF
正文语种 eng
中图分类航空;
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Hedging Isn't the Only Reason for Southwest's Low Costs

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