Thursday, April 19, 2007

Southwest profit rises, plays down buyout talk

(Reuters) - WASHINGTON, April 19 - Southwest Airlines Co. , the leading U.S. discount carrier, said first-quarter earnings rose on Thursday, as higher ticket prices offset rising jet fuel costs.

But the airline warned that unit revenues the current quarter would fall below last year's high levels, as competition heats up in the domestic air travel market.


Read more at Reuters.com Market News

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