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Southwest Airlines Books Better Profit

Southwest Airlines Books Better Profit

Discount carrier posts 12.9% gain in fourth-quarter earnings. The discount carrier said net income totaled $131 million, or 18 cents per share, compared to $116 million, or16 cents per share, in the same quarter last year. Operating revenue rose 14.8%, to $3.1 billion.

 

Southwest Airlines Narrows Loss

Southwest Airlines reported another quarter of red ink, $16 million, extending a trend that until a year ago was unseen at the discount carrier since the early 1990s. Hedging losses again weighed on results.

 

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