Southwest's Profits Dive: Could Baggage Fees Be Coming?
Southwest Airlines' profits dipped 40 percent last quarter, leading some to speculate that the airline may jettison its "bags fly free" policy in a bid to lift revenues.
Southwest Airlines' profits dipped 40 percent last quarter, leading some to speculate that the airline may jettison its "bags fly free" policy in a bid to lift revenues.
Major airlines still face plenty of problems, but at least they're operating in the black. 2012 was the third straight year of profits for the industry, even though the fourth-quarter results out this week are mixed.
Southwest Airlines's fourth-quarter earnings rose 13% to $131 million as business travelers return after the recession, the company reported Thursday. But will fuel prices cause airline turbulence?
Third-quarter reports are due from tech, financial, airline and pharmaceutical companies, among others. Here's a day-by-day rundown of the coming earnings highlights, with a closer look at Harley-Davidson, Netflix and Southwest Airlines.


