Southwest upbeat on growth, cautious on fuel | Reuters

ATLANTA, Dec 16 (Reuters) – Southwest Airlines Co (LUV.N) said on Thursday that it expected the addition of a bigger plane and its proposed purchase of AirTran Holdings Inc (AAI.N) to drive growth even as fuel prices pose a nearer-term challenge.

The discount carrier, which stands to grow in big U.S. East Coast markets such as Atlanta and Washington should the AirTran deal proceed, told its investor meeting it expected higher fuel prices going into 2011.

“The No. 1 challenge that the industry faces is energy costs,” Chief Executive Officer Gary Kelly said during the webcast.

via UPDATE 1-Southwest upbeat on growth, cautious on fuel | Reuters.

About the author

Mark Plumley

I have always looked to the sky at the wonderful aluminum tubes darting through the sky. My love for aviation has taken me to many airports and air shows and I hope to be able to experience many more in the years to come and to share my experience along the way.

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