SOUTHWEST POSTS STRONG PROFITS FOR THE SECOND QUARTER

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP August 5, 2011 11:53

SOUTHWEST POSTS STRONG PROFITS FOR THE SECOND QUARTER

Southwest (including AirTran) earned $161 million in the quarter, up 43 percent from the second quarter of 2010. Revenue was also up by 30% to $4.1 billion. Second-quarter income was $121 million, or 15 cents per share. Fuel costs rose 38% and the airline on a whole incurred $58 million in costs during the quarter associated with its acquisition of AirTran.

The airline plans to expand its network by 4 to 5% this year, but could cut capacity next year.

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP August 5, 2011 11:53
Write a comment

No Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Only <a href="http://www.aviationnews-online.com/wp-login.php?redirect_to=http%3A%2F%2Fwww.aviationnews-online.com%2Fairline%2Fsouthwest-posts-strong-profits-for-the-second-quarter%2F"> registered </a> users can comment.