Southwest Airlines to End Oil Hedge That Once Saved It Billions
(Bloomberg) -- Southwest Airlines Co. will end its long-held policy of hedging against swings in fuel prices, marking a pullback of one of the few remaining US carriers that are active in the oil derivatives market.Most Read from BloombergNYC Congestion Pricing Toll Gains Support Among City ResidentsTrump DEI Purge Hits Affordable Housing GroupsWhere New York City's Zoning Reform Will Add HousingElectric Construction Equipment Promises a Quiet RevolutionInside the ‘Not Architecture’ of High Line