Southwest posts $388 million 3Q net profit despite July outage loss

Credit: Rob Finlayson
Dallas-based Southwest Airlines posted a $388 million net profit for the 2016 third quarter, down 33.6% year-over-year (YOY) from $584 million in 3Q 2015. Southwest board chairman, president and CEO Gary Kelly said the airline benefited from low fuel prices and record traffic levels during the...

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