Good Afternoon folks, this is the Flight Ops Newsline for Friday, April 19, 2002.
I'm sure most you have heard by now that Southwest Airlines was profitable in the first quarter. We announced earnings of approximately 3¢ a share, which equates to a $21.4 million profit. This is almost $100 million dollars less than our first quarter profits from last year, but still a monumental achievement compared to the rest of the aviation industry.
All other major airlines that have revealed their first quarter earnings all suffered major losses, most in the hundreds of millions of dollars. We are extremely fortunate to be a part of such a successful team.
We had two additional -700's delivered yesterday, April 18th. That brings our fleet total to 364 aircraft. So far this year, we have accepted delivery of 12 new aircraft from the Amor trust and Boeing.
Just a little recent news from the company.