Southwest Airlines reported a third-quarter profit of $162 million, more than triple than the $48 million earned in the year-ago period, even as operating income fell slightly. Special gains more than made up the difference, and CEO Gary Kelly promised that barring an economic slowdown, revenue and schedule initiatives will bear fruit in the fourth quarter. Third-quarter operating revenue rose 10.5% to $2.59 billion, a company record, while costs climbed 12.3% to $2.34 billion, dropping ...

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