Company Watch - Southwest Airlines.Jan 22, 2007 Southwest to announce Philadelphia expansion by spring. Southwest Airlines This article is about the American airline. For the former Japanese airline, see Japan Transocean Air. For the British airline, see Air Southwest. Southwest Airlines Co. will announce new routes from Philadelphia International Airport by this spring. The airline expects to have five additional departure gates at the airport by Oct. 15. The airline has not yet decided which new cities it will serve from Philadelphia. Jan 18, 2007 Southwest Airlines was profitable for the 34th consecutive year in 2006, but posted just a 3.1% year-over-year increase in full-year net income to $499 million from 2005's $484 million as higher fuel prices and lingering lin·ger v. lin·gered, lin·ger·ing, lin·gers v.intr. 1. To be slow in leaving, especially out of reluctance; tarry. See Synonyms at stay1. 2. security issues slowed its inexorable growth. Jan 18, 2007 Southwest Q4 profit, reflecting high costs, meets Wall St. expectations. Southwest Airlines said losses from fuel hedges and increased security costs pushed fourth-quarter net income down 19%. The airline reported net income of $57 million, down from $70 million in the same period a year ago. Jan 17, 2007 Southwest's Earnings Dip As Fuel Costs Rise. Southwest Airlines on Wednesday posted a 19 percent decline in fourth quarter earnings as swings in jet fuel prices led to increased costs. Jan 17, 2007 Southwest Airlines has proven that long-term hedging can be a formidable advantage, and any benefits from falling fuel prices could be quickly reversed, if prices spike A burst of extra voltage in a power line that lasts only a few nanoseconds. See power surge, power swell, sag and surge suppression. (jargon) spike - To defeat a selection mechanism by introducing a (sometimes temporary) device that forces a specific result. again. But the lower fuel prices are broadly expected to stick. The welcome decline comes as the US airline industry emerges from a long slump Slump A temporary fall in performance, often describing consistently falling security prices for several weeks or months. following the airborne airborne /air·borne/ (ar´born) suspended in, transported by, or spread by air. airborne, adj carried through the air. In health care settings, viruses or bacteria may become airborne, e.g. attacks of September 11, 2001. Cost cuts, resurgent re·sur·gent adj. 1. Experiencing or tending to bring about renewal or revival. 2. Sweeping or surging back again. Adj. 1. demand and fare increases have greatly improved the industry's financial prospects. Southwest, which stands to benefit less from lower oil prices, is the industry laggard, down 32 percent from its all-time high in December 2000. Jan 9, 2007 Southwest Airlines flew 5.51 billion RPMs in December, a 10.3% increase over the year-ago month. Capacity was up 8.3% to 7.99 billion ASMs and load factor rose 1.3 points to 68.9%. Jan 8, 2007 01/22/2007 Editor: Aram Gesar, eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com Jan 8, 2007 |
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