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Southwest Airlines posts lower quarterly profit
January 24, 2013 / 12:01 PM / 5 years ago

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

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