Quote:
Originally Posted by Butch Cassidy Slept Here
PHXFlyer wrote (on 11-12-09):
In the last 5 quarters Southwest has only reported a profit in one of them.
In your own words "check your facts." I don't have the figures for the 3rd quarter of 2008. However, in the last FOUR quarters, Southwest posted a loss in only ONE quarter (2nd quarter, 2009.) Furthermore, Southwest has posted a net profit for the last three years (2006 - 2008.) Please identify another US-based airline which equals or exceeds this pattern and please provide link(s) in support of your original statement. Finally, Southwest has never filed for bankruptcy.
http://finance.yahoo.com/q/is?s=LUV |
Southwest Airlines NET profit/losses for the last 5 fiscal quarters:
3rd Q 2008 - $16 Mil. NET LOSS
4th Q 2008 - $56 Mil. NET LOSS
1st Q 2009 - $91 Mil. NET LOSS
2nd Q 2009 - $54 Mil. NET PROFIT
3rd Q 2009 - $16 Mil. NET LOSS
My statement was correct.