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Odessa American in Odessa, Texas

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

May 08, 2004

Page

5

Airbus unveils largest airliner A380 at Toulouse plant

Airbus begins superjumbo production with the 555-seat A380, built at a new 435 million euro plant near Toulouse. The program targets rival Boeing with hubs, testing, and orders from Air France Lufthansa Malaysia Virgin Atlantic Qantas, as Singapore Airlines prepares for 2006 service.

Boeing Co Jean-Pierre Raffarin Airbus Toulouse France Germany Britain Spain Raffarin Singapore Airlines Air France Lufthansa Malaysia Airlines Virgin Atlantic Airways Australia Qantas Champion Boeing Japan

Southwest hedges fuel, profits shielded at $24 a barrel

New York based report notes Southwest Airlines hedged over 80 percent of its fuel needs for two years at 24 dollars a barrel, the only major U S carrier with such a heavy hedge. The strategy yielded a 26 million profit instead of an 8 million loss in a high fuel cost environment, while others face higher fares and uncertain futures. Strong entities include Southwest, Jim Parker, Dow Jones Newswires, and various airlines. The piece explains hedging mechanics and credit constraints affecting adoption by peers.

New York Dow Jones/AP Southwest Airlines Co Southwest U.S Jim Parker Dow Jones

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