Southwest Reports $112 Million 2Q Profit
Thursday, Jul 29, 2010 | Updated 9:30 AM CST
Getty Images
Southwest Airlines to start service to South Carolina.
advertisement
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, helped by heavy traffic during the start of the summer vacation period.
Southwest is the last of the big six carriers to report second-quarter results. All except American Airlines made money thanks to higher fares and new fees on passengers.
Copyright Associated Press
Posted Thursday, Jul 29, 2010 - 9:18 AM CST
What's New
Find gift guides, where to eat, and how to survive the most romantic day of the year.
Check Out
© 2012 NBCUniversal, Inc. All rights reserved.
Portions by Broadcast Interactive Media.
A Division of NBCUniversal