Courtesy, Southwest Airlines Southwest Airlines (SWA) reported 2011 net income of $178 million, down 61.2% from a net profit of $459 million in 2010. The Dallas-based low-cost carrier attributed the profit decline to "significantly higher fuel prices," but noted that its revenue performance was strong and 2011 marked its 39th year of profitability in a row. "We had an outstanding revenue performance," chairman, president and CEO Gary Kelly said in a ...

Subscribe to Access this Entire Article

"Printer-friendly" 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.