Southwest Airlines reported first-quarter net income of $11 million, reversed from a $91 million loss in the year-ago period, and reiterated that it will stick to its no-growth strategy for the foreseeable future. "Just to have a profit is a very significant accomplishment," CEO Gary Kelly told analysts yesterday. He said over the long term the LCC has "tremendous growth opportunities" but noted, "We haven't met our return on capital target in a decade and ...

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