Recently read how Southwest had one of its' greatest quarterly lo$$es in its' history. The reason given was 'hedging' fuel prices.
Does that mean others in this industry are 'hedging'?
Probably.
Does it mean Sun Wing is hedging fuel?
Possibly.
Does that put them in a bad financial position if they're hedging fuel prices?
It certainly does. (how well have your investments done over the last month?)
Without knowing how SunWing runs their business, it would be difficult to say how they're doing financially. No matter how you slice it. Wouldn't it???