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SOUTHWEST AIRLINES PROFITS FALL 8 PERCENT

DALLAS, "Southwest Airlines the No. 7 U.S. carrier, said on Thursday that its second-quarter profits fell about 8 percent but it remained profitable amid turbulent industry conditions. Southwest, known for its inexpensive fares, said it stayed in the black thanks to a "recession resistant'' low-fare business strategy. The company said it expects lower earnings again in the third quarter but it still...

AVIONEWS - World Aeronautical Press Agency - 15657

AVIONEWS - World Aeronautical Press Agency
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