Southwest Airlines earned first-quarter net income of $152 million, a significant improvement over a net profit of $59 million in the prior-year period, and expects continued strength throughout 2014. The Dallas-based airline has long targeted a 15% return on invested capital (ROIC) goal, a mark it routinely hit in previous decades but has struggled to achieve in recent years even as it maintained profitability. CFO Tammy Romo told analysts and reporters that after “a very strong first ...

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