Southwest keeps making money

[SWA/FO]

Profit! 119 million.

 

[T1bubba]

Most interesting numbers from the press release:

2004 2003
Number of Employees at period-end 30,657 32,563 (5.9)%
Size of fleet at period-end 415 385 7.8 %

30 more aircraft but roughly 1900 fewer employees since last year. Sounds like GK's plan to cut overhead is working out.

 

[roughneck]

Hopefully wall street will catch on.

Jim Parker should get some credit, after all he started the ball rolling.

 

[miles otoole]

The stock is still WAY over priced. It just got so ahead of itself in the 90s. Too bad for todays buyers. 11 MMM Market Capitalization is still HUGE. Heck, I own a TON at over 20. Don't expect to see it again for years.