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Southwest Airlines - CEO Interview.

Publication: Finance Wire

Publication Date: 20-OCT-05
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COPYRIGHT 2005 Voxant Inc.

Original Source: CNBC/DOW JONES BUSINESS VIDEO

MICHELLE CARUSO-CABRERA, CNBC ANCHOR: Issues ranging from soaring fuel prices to lingering labor disputes have hit the airline industry very hard, but low-cost carrier Southwest Airlines has managed to fly above its embattled competitors. Joining us now "First on CNBC" to announce his company`s latest earnings results, Gary Kelly, CEO of Southwest Airlines. He joins from Dallas.

Good morning, Mr. Kelly, nice to have you here.

GARY KELLY, CEO, SOUTHWEST AIRLINES: Good morning, Michelle, great to be with you.

CARUSO-CABRERA: Go ahead, give us the numbers.

KELLY: Well, we`re delight to announce $174 million net income, which is 21 cents a share, beating handily the First Call consensus estimate. That is up 46 percent from last year, so that excludes an $87 million pre-tax...

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