Entries tagged "Southwest Airline"
All streaks must eventually come to an end. That day finally arrived for Southwest Airlines Co., which posted its first quarterly loss in 17 years. Still it was an amazing streak considering the turmoil the industry faced during that period, such as soaring fuel and labor costs as well as security issues following the 9/11 attacks. The end of the record didn't faze shareholders all that much though, as the stock had climbed over 5% to $12.20 in Thursday afternoon trading. Lately, the airline sector continues to be in a state of flux as airlines have folded or gone...
