Southwest Airlines 737-700W. Photo: By Rob Finlayson. Southwest Airlines posted net income of $459 million for 2010, more than quadrupling a $99 million profit in 2009, marking the LCC's 38th consecutive year in the black. Despite a 12.7% year-over-year increase in fuel costs in the fourth quarter, 2010 was a "very satisfying year," Chairman, President and CEO Gary Kelly told analysts and reporters. "Except for fuel, our outlook for 2011 is quite good," he ...

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