Southwest Earnings Top $200 Million For 1996, Drop In Fourth Quarter
Southwest reported yesterday $207.3 million net income for 1996, up 13.5%. But fourth quarter earnings fell 35% to $28.2 million, as the carrier, like other low-fare airlines, felt a much bigger pinch from a 25% hike in the price of jet fuel than did larger airlines. The airline also spent heavily...
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