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Gary C. Kelly

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  • Cheaper jet fuel, strong demand expected to boost airline profits even higher in 2015

    Leaders of United and Southwest gave an upbeat forecast for 2015 that combined strong travel demand and cheaper fuel. Airline stocks soared on Thursday.
  • Southwest Airlines posts 4Q profit, results beat Wall Street forecasts

    Southwest Airlines Co.'s fourth-quarter net income slipped 10 percent due to the effect of fuel-hedging contracts that lost value as oil prices tumbled, but the company's results beat Wall Street expectations. Southwest said Thursday that it earned...

    Southwest Airlines tops $1 billion in annual profits for first time

    DALLAS Southwest Airlines said Thursday it earned a record $1.1 billion in 2014, the first time the Dallas-based carrier has gone over the $1 billion mark. Its previous best year came in 2013, when its net income reached $754 million. "Our strategic...

    AirTran makes final flight, ending 21-year run

    AirTran makes final flight, ending 21-year run
    AirTran Airways has ceased to exist in an industry that has reshaped itself into something that would not be easily recognized when the Dallas carrier took its first flight about two decades ago. AirTran, which was acquired by Southwest in 2011, joins...

    United CEO Smisek to chair Airlines for America trade group

    United CEO Smisek to chair Airlines for America trade group
    United Airlines CEO Jeff Smisek has been elected chairman of the industry trade group Airlines for America, the group said Tuesday. Smisek, chairman, president and CEO of Chicago-based United Continental Holdings, was elected to a two-year term,...