FareCompare.com » RickSeaney.com » “No-Surprise-Here” Dept. — Southwest Posts a Profit

July 24, 2008

“No-Surprise-Here” Dept. — Southwest Posts a Profit

Filed under: Southwest — Rick Seaney @ 2:33 pm

Unlike everyone else so far, Southwest posted an increase in its 2nd Quarter 2008 — an increase of 15% net profit.

But even Southwest is feeling a bit of a pinch; according to Southwest CEO Gary Kelly, “We must continue to make the necessary adjustments to adapt to higher jet fuel prices and restore our profit margins.”

Or, as Kelly told me in the one-on-one interview I had with him last week, Southwest may have to raise some fares — though he quickly added, Southwest will remain true to its frugal ways — which includes, cheaper airfare.
« Alaska Airlines: Changes to Frequent Flier Program (and not for the better)   Americans Still Plan to Travel Abroad »

No Comments »

No comments yet.

RSS feed for comments on this post. | TrackBack URI

Leave a comment

XHTML ( You can use these tags): <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong> .

 
 
 
Find:
 
 
 
 
Find Fares
 

RickSeaney.com

 

Be the first to know when airfare prices drop.

Admin Login
 
 
Sign Up
Flights
Articles
Almanac
My Trips
 
FareCompare helps you get the best deal on airfares