
Southwest Airlines reported a third-quarter profit of $67 million, or $0.15 per diluted share, surpassing Wall Street estimates. The airline's revenue for the quarter was $6.87 billion, also exceeding expectations. Southwest's strong performance was driven by robust pricing and demand, and the company announced a $250 million accelerated share repurchase program. CEO Bob Jordan highlighted that the third-quarter profit and strong operational results reflect the company's strategic actions to achieve its long-term financial goals. Despite higher costs, Southwest remains optimistic about future revenue growth, with healthy travel demand and strong holiday season bookings. Southwest's net income, excluding special items, was $89 million.









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