Southwest Airlines' shares eased 0.3% yesterday as it reported fourth-quarter net profit rose 13% to USD131 million, as it gained market share due to its no-checked-bags fee policy and the economy improved. CEO Gary Kelly stated: "Booking and revenue trends suggest similar year-over-year improvement in January versus December 2010", adding: “Bookings in place for the remainder of the first quarter also are strong.”
North and Latin American airlines' daily share price movements: 20-Jan-2011
Want more analysis like this? CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find out more and take a free trial.