Southwest's Profits Rise On Lower Fuel Costs & Gains From Fleet Modernization - Presented by: The Aol. On Network

Southwest Airlines reported strong growth in its first quarter results on lower fuel costs and gains from fleet modernization. The carrier’s first quarter revenues rose by 2% annually to $4.2 billion even as severe winter storms during January and February reduced its revenues by around $45 million. The carrier cancelled approximately 7,500 flights during the quarter due to severe winter weather, but it is commendable that it could still post this growth in its top line.



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