Southwest Airlines Boeing 737-700. By Rob Finlayson Southwest Airlines posted 2012 net income of $421 million, marking its 40th consecutive year of profitability. The net profit more than doubled net income of $178 million in 2011. The profit increase was achieved even though Southwest’s fourth-quarter net income declined 48.7% year-over-year to $78 million. Chairman, president and CEO Gary Kelly noted that finishing in the black for 40 years consecutively is “a record ...

Subscribe to Access this Entire Article

"Southwest earns 40th straight annual profit in 2012" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.