Southwest reports record earnings in the first quarter

April 23, 2015 12:58 PM

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The lower fuel prices buoying the airline industry helped low-cost giant Southwest post record profits in the first quarter.

The airline saw a profit of $453 million, or 66 cents per share, counting special items, a new high for the quarter. That was up from the $152 million profit, or 22 cents per share the airline earned during the start of 2014.

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