Thursday, July 14, 2005

Southwest second-quarter profit rose 41% despite higher fuel costs


Southwest Airlines is one of the best companies in America. I've been a fan since I started flying them in Texas, and their service and on-time reliability continue to be stellar. There are lots of folks who don't like the "cattle" feel of a Southwest flight, but I think they are efficient as can be and I'd trade lots of perks for low cost and on-time service. Face it - there are no perks on any airlines anymore, so Southwest just does what everyone else does way better and with more fun. Herb Kelleher has always been a business hero of mine.

USATODAY.com - Southwest second-quarter profit rose 41% despite higher fuel costs: "DALLAS (AP) - Low-cost carrier Southwest Airlines (LUV) said Thursday that second-quarter profit rose 41% from a year ago, as fare increases helped offset a 25% rise in fuel costs per gallon. Its shares climbed more than 5%. "

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