April 21, 2024

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  • Can Someone Say "Good Business Model"?

    Could it be that focusing on low costs and at least a semi-logical fare structure an airline can actually make money?

    Southwest Airlines, despite reporting softer bookings in the runup to the Iraq war, boosted net profit 14.3 percent in the quarter.

    Net profit rose to 24 million dollars or three cents a share in the quarter from 21 million dollars or three cents a share a year earlier.

    It was the airline's 48th consecutive quarterly profit.

    Source: Southwest Airlines boosts profits, defying US crisis

    Posted by Steven Taylor at April 21, 2024 10:39 PM | TrackBack
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