Southwest 2nd Quarter
SWA Reports Second Quarter 2010 Earnings
Southwest today reported second quarter 2010 net income, excluding special items, of $216 million, or $.29 per diluted share, compared to $59 million, or $.08 per diluted share, for second quarter 2009. Including special items, net income for second quarter 2010 was $112 million, or $.15 per diluted share, compared to net income of $91 million, or $.12 per diluted share, for second quarter 2009. Both years’ results included special items related to non-cash, mark-to-market, and other items associated with a portion of the Company’s fuel hedge portfolio.