Southwest Airlines posts lower quarterly profit
(Reuters) - Southwest Airlines Co (LUV.N) reported lower quarterly profit on Thursday as it wrestled with higher costs for fuel, maintenance materials and salaries.
Net income fell to $78 million, or 11 cents a share, for the fourth quarter, from $152 million, or 20 cents a share, a year earlier.
Excluding items, profit was 9 cents a share.
(Reporting by Karen Jacobs; Editing by Jeffrey Benkoe)