Reuters
Southwest says it could add another city in 2005
Wednesday May 19, 1:27 pm ET
DALLAS, May 19 (Reuters) - Low-cost carrier Southwest Airlines (NYSE:LUV - News), which recently launched its service in Philadelphia, said on Wednesday it would probably add one new city to its service in 2005. The company said it would probably not add any new cities this year.
Dallas-based Southwest also said it expected to be profitable this year as a result of its fuel hedges. But the airline, which has more hedges in place than any other carrier, said it could consider raising airfares $1 to $2 each way to offset rising fuel costs.
The company, however, does not expect any layoffs as a result of high fuel costs. (Additional reporting by Michael Flaherty)
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