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Southwest earns strong $228 million 2Q profit

An impressive revenue performance enabled Southwest Airlines to earn second-quarter net income of $228 million, up 41.6% over a net profit of $161 million in the prior-year period.

Southwest Airlines 737-300. By Rob Finlayson An impressive revenue performance enabled Southwest Airlines to earn second-quarter net income of $228 million, up 41.6% over a net profit of $161 million in the prior-year period. The Dallas-based low-cost carrier’s (LCC) second-quarter revenue rose 11.6% year-over-year to $4.62 billion. “Record revenues driven by steady growth were sufficient to overcome high jet fuel prices,” chairman, president and CEO Gary Kelly ...

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