Southwest Airlines reported a $746 million net profit in the second quarter, down 9% from net income of $820 million in the 2016 June quarter, as it prepares for big fleet changes in the third quarter. The Dallas-based carrier still has 67 Boeing 737 Classics in its fleet after retiring 10 in the second quarter, but all 67 are scheduled to be retired by the end of the third quarter, marking the largest number of aircraft retirements in a single quarter in Southwest’s history. It is ...

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