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COPYRIGHT 2005 The Dallas Morning News
Byline: Eric Torbenson
Oct. 21--In an industry that's burning money faster than jet fuel, Southwest Airlines Co. once again flew well above the bad air in the third quarter and glided by Wall Street's expectations.
The Dallas-based carrier posted a profit Thursday of $227 million on the strength of a one-time accounting gain that added $87 million before taxes.
That compares to net income of $119 million in the previous year's third quarter.
Without the charge, Southwest's profit of $174 million equaled...
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