Southwest, AA Executives Say Prospects Good for Carriers

Some airline executives have offered a bright picture of strong demand for travel and stable fuel prices that could boost second-quarter earnings.

Executives from Dallas-based Southwest Airlines and Fort Worth-based American Airlines were among those commenting Wednesday during a Wolfe Research investor conference in New York.

American Airlines Group Inc., Southwest Airlines Co. and Delta Air Lines Inc. earned more in the first quarter than they did a year ago.

Southwest Chief Financial Officer Tammy Romo said the second quarter is "shaping up very nicely" because of stable fuel prices, strong bookings and revenue trends.

American's president, Scott Kirby, says he's bullish on the prospects for both his company and the entire industry.

Copyright AP - Associated Press
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