Southwest Airlines posted a 2016 net profit of $2.24 billion, up 2.9% from net income of $2.18 billion in 2015, marking the second straight year of record profitability for the Dallas-based carrier. It was also the 44th consecutive year of positive net income for Southwest, which noted that sluggish RASM performance is starting to improve. “December business travel was stronger than anticipated leading up to the holiday period,” chairman and CEO Gary Kelly said. “Based on ...

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