Southwest's Profits Swell 52 Percent As Yield Gains
Southwest's third quarter net profits jumped 52% to $92.5 million from $60.9 million as yields increased and expenses decreased. Passenger yield surged 7.5% to 12.55 cents while cost per available seat mile fell 2.1% to 7.36 cents, mainly because of lower jet fuel, engine repair and advertising...
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