Analyst: Southwest well-positioned for oil price spike, American not so much

An attack on Saudi oil infrastructure over the weekend is causing a ripple effect across the airline industry with varying effects on the two carriers headquartered in North Texas.

Dallas-based Southwest Airlines Co. (NYSE: LUV) is positioned among the best to weather a spike in oil prices, while Fort Worth-based American Airlines Group Inc. (Nasdaq: AAL) is the most exposed, according to a research note from Macquarie Capital sent out Monday.

The contrast between the two carriers is playing out…

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