News Summary: Southwest notches a 3Q profit

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News Summary: Southwest notches a 3Q profit

By The Associated Press

SOFT SEPTEMBER: All the big airlines reported traffic declines in September, and Southwest said pricing was soft that month.

STILL PROFITABLE: Southwest Airlines Co. still posted a $16 million profit for the quarter. Its adjusted profit was slightly better than analysts had expected, and better than its loss of $140 million during the same period last year.

WHAT'S NEXT: Delta Air Lines and US Airways report results on Wednesday, and United Continental is on Thursday.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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