Southwest Airlines posts another record quarter for profit

April 23, 2015 5:47 PM

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Southwest Airlines posts another record quarter for profit

Southwest Airlines Co. reported a record profit for the eighth quarter in a row, driven by strong passenger demand and lower fuel costs.

The Dallas-based carrier said Thursday that it earned $453 million, or 66 cents per share, in the first quarter. That's up from $152 million, or 22 cents per share, in the year-ago quarter. Revenue rose 6 percent to $4.4 billion, up from $4.2 billion in the year-ago period.

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