Southwest Airlines reported third-quarter 2018 net income of $615 million, a 16.5% increase from a $528 million net profit in the same period last year. The Dallas-based carrier’s 3Q RASM increased 1.2% year-over-year (YOY), driven largely by a yield increase of 2.3% and offset slightly by a load factor decline of 0.9 point to 83.9%. That marked a rebound from the second quarter, when RASM decreased 3% in the wake of the April 17 Boeing 737-700 inflight engine failure that resulted ...

Subscribe to Access this Entire Article

"Southwest 3Q net profit up 16.5% as yield increases" 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.