Southwest 737-300. Photo: By Rob Finlayson. Southwest Airlines reported third-quarter net income of $205 million, reversed from a net loss of $16 million in the year-ago period, crediting an "outstanding revenue performance" for the strong result. Quarterly revenue jumped 19.7% to $3.19 billion, outpacing a 7.3% rise in expenses to $2.84 billion, producing operating income of $355 million, significantly widened from a $22 million operating profit in the September 2009 ...

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