Peter Clark wrote:

Wasn't a good part of it having real cheap fuel by long term options
which have also now expired?

That has helped them make good profits in the last few years, but
Southwest's unparalleled success over the last 30 yrs. has been the result of
exceptional management. Unlike most other airlines, they identified a
market niche (cheap, short haul flights), formulated a plan to serve that
niche at a profit and stuck to the plan. They did not try to grow
themselves into a mega-airline, which has been the downfall of many start up
airlines that had some early successes.

John Galban=====N4BQ (PA28-180)

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