News on Gary Kelly (Executive)

Earnings Preview: Southwest seen posting 4Q profit

2010-02-22T18:01:00Z

<div id="subtitle">Southwest Airlines expected to post 4Q profit but might report first losing year since 1970s</div><div><p>Southwest Airlines Co. is scheduled to report fourth-quarter results Thursday. Here's a summary of key developments in the period.</p><p>OVERVIEW: Among the nation's six largest airlines, only Southwest expected t...

On the Call: Southwest CEO Gary Kelly

2010-02-26T06:35:52Z

<div id="subtitle">Southwest CEO says worst could be ahead for his airline due to fuel prices, recession</div><div><p>Southwest Airlines Co. has been the most consistently profitable U.S. carrier — it went more than 17 years without a losing quarter until last year. The company made money in the second quar...

Airline passengers could get a 1-2-3 punch

2010-02-26T22:12:25Z

<div id="subtitle">Low ticket prices could be short-lived if fuel prices continue to rise this fall</div><div><p>Corporate travel and ticket sales of premium seats are down. Overall demand is weak. And fuel prices are rising — again. The one-two-three punch could be bad news for consumers this fall, as airlines face pressure to raise fares or cut more capacity to cover their costs.</p><p>Executives at several air...

Southwest CEO says June looking worse than May

2010-02-26T22:19:36Z

<div id="subtitle">Southwest Airlines CEO says June traffic looking weaker than May, no sign of turnaround</div><div><p>The chief executive of Southwest Airlines said Thursday that June looks weaker than May, judging by a key measure of revenue, and he doesn't yet see signs of a turnaround.</p><p>"It's a very, very difficult time, and e...

Southwest CEO says air traffic fizzling in May

2010-02-27T07:58:05Z

<div id="subtitle">Southwest Airlines CEO says traffic fizzling in May, airline stepping up revenue plans</div><div><p>The CEO of Southwest Airlines says an April pickup in travel has fizzled in May, forcing the company to speed up plans to raise more revenue.</p><p>

Southwest mulls move to 3rd major US airport

2010-03-01T01:54:06Z

<div id="subtitle">Southwest Airlines may start flights to 3rd major US airport by this fall</div><div><p>Southwest Airlines Co. may add flights to a third new major U.S. airport as early as next fall, as the low-cost carrier shifts its traditional focus on less-trafficked, secondary airports.</p&...

Southwest won't increase fleet next year

2010-03-01T08:38:43Z

<div id="subtitle">Southwest Airlines won't increase fleet next year, plans capacity cut in first quarter</div><div><p>The chief executive of Southwest Airlines Co. said Tuesday that travel demand slumped sharply in November and the growth-happy carrier won't expand its fleet next year.</p><p>Chairman and Southwest Airlines to serve Minneapolis, faces limited fallout from financial crisis</div><div><p>Southwest Airlines Co. plans to begin service next March to Minneapolis, its first new city in more than a year, even as the airline faces a "very significant risk of slowing demand" due to an ec...