Southwest Airlines reported a 2014 net profit of $1.14 billion, up 50.7% over net income of $754 million in 2013, as expenses decreased slightly year-over-year while revenue grew 5.1%. The 2014 net profit was Southwest’s highest ever and marked the 42nd consecutive year the Dallas-based airline has been in the black. The record net profit was achieved even with Southwest taking a mark-to-market $251 million hit on fuel hedging contracts. The company’s pre-tax return on invested ...

Subscribe to Access this Entire Article

"Southwest Airlines earns record $1.14 billion 2014 net profit" 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.