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Southwest reports profits despite rising fuel costs for aviation
Washington, Usa - The carrier plans to purchase rival AirTran
Southwest Airlines reported a higher quarterly profit on better passenger revenue, even as rising fuel costs boosted operating expenses. Meanwhile, its shares rose in premarket trading. The discount carrier, which plans to acquire rival AirTran Holdings to challenge bigger carriers in U.S. East Coast markets, said net income was 131 million Dollars, or 18 cents a diluted share in the fourth quarter....
AVIONEWS - World Aeronautical Press Agency - 1124859
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency