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Episode 17: Hedging Against Jet Fuel

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Manage episode 318634183 series 3308664
Content provided by Los Angeles Times and Southwest Airlines | L.A. Times Studios. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Los Angeles Times and Southwest Airlines | L.A. Times Studios or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

One day, Gary Kelly and his team had a billion-dollar idea. Literally. In the 90s, Gary implemented a cost-saving measure to protect against fluctuations in jet fuel prices, and it paid off. In this episode, we’ll hear from the Southwest Airlines Chairman and Chief Executive Officer himself about how he and a small team of analysts pioneered a program that would have one of the biggest financial impacts in the history of the airline.

For more stories on Southwest Airlines’ 50 years of flying and a look behind the scenes, check out latimes.com/isthisseatopen

  continue reading

23 episodes

Artwork
iconShare
 
Manage episode 318634183 series 3308664
Content provided by Los Angeles Times and Southwest Airlines | L.A. Times Studios. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Los Angeles Times and Southwest Airlines | L.A. Times Studios or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

One day, Gary Kelly and his team had a billion-dollar idea. Literally. In the 90s, Gary implemented a cost-saving measure to protect against fluctuations in jet fuel prices, and it paid off. In this episode, we’ll hear from the Southwest Airlines Chairman and Chief Executive Officer himself about how he and a small team of analysts pioneered a program that would have one of the biggest financial impacts in the history of the airline.

For more stories on Southwest Airlines’ 50 years of flying and a look behind the scenes, check out latimes.com/isthisseatopen

  continue reading

23 episodes

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