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Old 07-29-2010, 08:38 AM   #1  
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Default 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.
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Old 07-29-2010, 09:14 AM   #2  
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I like it. Another step in the right direction. More planes guys
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Old 07-29-2010, 09:40 AM   #3  
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I like it. Another step in the right direction. More planes guys
Replacement aircraft only....no growth
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Old 07-29-2010, 10:12 AM   #4  
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some companies just know how to do it right. Where are all the "hedges are running out" people now? SWA dominates this industry whether you like them or not.
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Old 07-29-2010, 10:27 AM   #5  
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Default casm creep

Southwest's cost of carrying each passenger one mile, a closely watched measurement in the industry, jumped 6.4 percent not counting fuel. That's a much bigger increase than overall inflation, but Southwest said it held costs down by reducing advertising and getting a rebate on excess security fees it has paid to the Transportation Security Administration since 2005.
The airline said it expects a similar increase in costs in the third quarter.

Unless you guys keep raising fares....costs will have to come down some other way....
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Old 07-29-2010, 11:25 AM   #6  
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Southwest's cost of carrying each passenger one mile, a closely watched measurement in the industry, jumped 6.4 percent not counting fuel. That's a much bigger increase than overall inflation, but Southwest said it held costs down by reducing advertising and getting a rebate on excess security fees it has paid to the Transportation Security Administration since 2005.
The airline said it expects a similar increase in costs in the third quarter.

Unless you guys keep raising fares....costs will have to come down some other way....
RNP training plus no growth. We are only getting older.
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Old 07-29-2010, 02:00 PM   #7  
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Lighten up Herk. Southwest had a good quarter. Thats great. In case you didn't notice, here are some other earnings...all net excluding spec. items...

UAL $430M on 5.2B revenue
DAL $549M on 7.0B revenue
SWA $216M on 3.2B revenue
LCC $265M on 3.2B revenue
CAL $257M on 3.7B revenue

Last edited by jsled; 07-29-2010 at 02:13 PM.
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Old 07-29-2010, 02:15 PM   #8  
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some companies just know how to do it right. Where are all the "hedges are running out" people now? SWA dominates this industry whether you like them or not.
Congratulations. Just remember, nobody likes a sore winner.
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Old 07-29-2010, 02:52 PM   #9  
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RNP training plus no growth. We are only getting older.
HUD cripple.
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Old 07-29-2010, 03:04 PM   #10  
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some companies just know how to do it right. Where are all the "hedges are running out" people now? SWA dominates this industry whether you like them or not.
"We're not Worthy....We're not Worthy!!!!!"


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