Fuel Economy – Airlines trim growth plans as fuel costs rise – Dallas Morning News
Southwest, which reported a $34 million quarterly profit on Thursday, said it expects to increase its flight capacity only 1. For the first quarter, Southwest earned $34 million, or 5 cents a share, on revenue of $2. That compares unfavorably with the first quarter of 2007, when the airline earned $93 million, or 12 cents a share, on revenue of $2. Excluding special items, Southwest reported net income last quarter of $43 million, or 6 cents a share, vs. A year earlier, Continental showed net profit of $22 million, or 21 cents a share, on revenues of $3. read more
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