Southwest Airlines' Quarterly Profit Rises 23%

Southwest Airlines' Quarterly Profit Rises 23%

Southwest Airlines posts $112 million profit in second quarter

AP Passengers watch Southwest Airlines planes land and take off at Midway Airport in Chicago.7:08 AM CT Eight of the nine largest U.S. carriers posted a profit in the second quarter, with only American Airlines parent AMR reporting a loss.

Southwest Airlines Reports $112 Million Profit

Southwest Airlines Co. added an upbeat note to a strong quarter for the airline industry by reporting a $112 million profit for spring and early summer. The nation's biggest discount airline said Thursday that its adjusted earnings were 29 cents per share in the second quarter, enough to beat analysts' expectations. Revenue rose 21 percent thanks to a 15 percent increase in average fares during ...

Southwest Airlines Q2 Profit Rises On Robust Travel Demand - Update

Low-cost airline Southwest Airlines Co. Thursday reported higher profit for the second quarter, as revenues grew about 21% from last year on strong consumer travel demand. Adjusted earnings met Wall Street consensus estimate. The company's second-quarter net income improved to $112 million or $0.15 per share from $91 million or $0.12 per share reported last year.

Southwest Airlines Reports Second Quarter Earnings

Southwest Airlines today reported second quarter 2010 net income of $112 million, or $.15 per diluted share, compared to net income of $91 million, or $.12 per diluted share, for second quarter 2009. Â Both yearsâ results included special items related to non-cash, mark-to-market, and other items associated with a portion of the Companyâs fuel hedge portfolio. Â Excluding special items for both ...

Southwest Airlines' quarterly profit climbs

Increased demand and disciplined seat-capacity management help to drive ticket prices higher at the budget carrier Southwest Airlines. .