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Southwest Shows a Profit

Continued fuel hedging and an early Easter helped Southwest Airlines post a 9 cent per share profit in the first quarter of the year.  Fuel remains expensive and revenue pressures continue, so the future doesn’t look quite so bright, but this is all relative:  Southwest will continue to show profits while, in the first quarter alone, the rest of the industry is expected to lose $2 billion.  Incredibly, this is $500 million MORE than the industry lost in the same quarter last year.

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