Carrier earns a profit
Thursday, Oct. 18, 2001 | 9:48 a.m.
DALLAS -- Southwest Airlines Co., the No. 1 airline in Las Vegas, said today that it remained profitable in the third quarter despite a drop in travel after the Sept. 11 terrorist attacks.
Southwest was the first major carrier to report third-quarter earnings, and analysts expect it will be the only one to post a profit. Southwest reported net income excluding one-time items of $82.8 million, or 10 cents per share, matching analysts' forecasts.
Revenue fell nearly 10 percent to $1.34 billion from $1.48 billion a year earlier. Southwest estimated that it lost $188 million in revenue because of the terrorist attacks, including $25 million while the nation's aviation system was grounded, $95 million because fewer passengers traveled once flights resumed and $58 million in ticket refunds and other items.
archive
- Most Read
- Discussed
- Most E-mailed
- Man, 26, dies in collision with truck traveling at 100 mph
- Nevada’s just not for us, many top high schoolers say
- CityCenter completion might spur home foreclosures
- Casino venue in Singapore will have Las Vegas flavor
- MGM Mirage: CityCenter not affected by debt woes
- Fontainebleau retail component seeks bankruptcy
- Metro admits to improper release of criminal history data
- Holiday Auction 2009 items
- Real estate experts cautiously optimistic about market
- For Paul Stanley and KISS, rock and roll is not over
Blogs
The Kats Report
Could a savior of shuttered Las Vegas Art Museum be ... Peter Max? (6 Comments)
For Paul Stanley and KISS, rock and roll is not over (6 Comments)
Twenty years ago today, Human Nature took root on the farm (1 Comment)
Robin Leach's Las Vegas Celebrity Watch
Photo Gallery: Donny Osmond’s triumphant return to the Flamingo
The Kats Report
'DWTS' champ Donny Osmond still deft afoot in return to Flamingo (8 Comments)
Politics: The Early Line
Meeting of GOP governors draws challengers, not Gibbons (5 Comments)
Politics: Ralston's Flash
Oscar loves forcing developers to sign labor peace agreements, Culinary loves the city's downtown plans and all is forgiven (10 Comments)
Calendar »
- 28 Sat
- 29 Sun
- 30 Mon
- 1 Tue
- 2 Wed
-
KISS at the Pearl
The Pearl at the Palms
-
Christopher "Kid" Reid at the LA Comedy Club
LA Comedy Club @ Trader Vic's
-
Stevie Wonder at MGM Grand
MGM Grand Garden Arena | 8 p.m. to 11 p.m.
-
UNLV Rebels vs. Louisville at the Thomas & Mack Center
The Thomas & Mack Center | 1 p.m. to 3:30 p.m.
-
Joe Perry Project at the House of Blues
House of Blues | 8 p.m. to 11:59 p.m.
-
Vicente Fernandez at the Mandalay Bay Events Center
Mandalay Bay Events Center | 9 p.m. to 11 p.m.
-
Jay Leno at The Mirage
Terry Fator Theatre
The Sun
Locally owned and independent for more than 50 years.
Technorati










