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January 19, 2012 – Bangalore Aviation

Daily Archives: January 19, 2012

Southwest Airlines posts net profit in Q4 2011

January 19, 2012 Comments Off on Southwest Airlines posts net profit in Q4 2011

After falling to an unprecedented pretax loss of $226 in the third quarter of 2011, Dallas based Southwest Airlines once again returned to net profitability, earning $152 million, or 20 cents per diluted share. Revenue grew 32% to $4.1 billion, while operating expenses grew 37% (with fuel and related expenses jumping 59) (All figures vs. Q4 2011. Southwest’s performance beat …

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