Word: southwester
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...years ago, before the Iraq war, even before 9/11, Southwest's analysts looked at fuel prices and saw all arrows pointing north. Guided by then chief financial officer Gary Kelly, the airline assembled a strategy to gird against potentially calamitous surges in oil prices. Two full-time oil specialists at Southwest's Dallas headquarters spent most of their time just watching oil markets and crunching numbers. By the time financial disaster struck the industry, Southwest had signed contracts guaranteeing the airline a certain price for fuel in the future, no matter how high the market climbs...
...coincidence that Kelly is now Southwest's CEO. While oil prices are currently bobbing around $55 per bbl., this year Southwest is paying just $26 per bbl. for 85% of its oil, thanks to the aggressive hedging strategy he put in place several years ago. The industry overall lost about $4 billion as a result of higher oil prices last year; in contrast, Southwest's hedging reduced its energy costs by $455 million, helping bump its 2004 earnings to $313 million. According to Vaughn Cordle of Airline Forecasts, oil would have to shoot past an average...
...place that's preparing these young Americans for life in their own country, "from crayons to college," as its slogan promises, is the Universal School, an Islamic institution teaching 638 students in pre-K through 12th grades in Bridgeview, Ill. The suburb, 16 miles southwest of Chicago's downtown Loop, lies in the heart of one of the U.S.'s largest Arab communities, where an estimated 25,000 Islamic residents pursue an uneasy assimilation into secular, suburban life. The school's goal is to give its students such a solid grounding in their religion and education that they will...
...roots of Universal School go back to the arrival of a wave of new Muslim residents in the southwest Chicago suburbs during the 1970s and '80s. Many were Palestinian immigrants who had fled the violence and lack of economic opportunity in their homeland. Busy pursuing the American Dream, they assumed Islam could be passed on to their children around the dinner table. What began to show up at mealtime instead was dyed-green hair and requests to start dating, like the other kids in the public schools. The Islamic students faced discrimination as well, to which they responded with...
...first book, “Sex and the Empire That Is No More: Gender and the Politics of Metaphor in Oyo Yoruba Religion,†Matory posits ideas that challenge many of the popularly-held Western conceptions of gender. For instance, he shows that the Yoruba women of southwest Nigeria are simultaneously wives and husbands...