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| October 18, 2018

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Southwest's Earnings Preview: Stable Demand & Gains From Fleet Modernization Could Lift Results -

In the second quarter, we figure Southwest will likely not benefit from lower fuel costs as global crude oil prices increased sharply in June following the Iraq crisis. Nonetheless, we anticipate the carrier to post healthy growth in its second quarter results on higher unit revenues (amount collected from each passenger per seat for a mile of flight) and benefits from fleet modernization.
Forbes Real Time

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