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Friday, Dec 14
2012, 9:07 AM
Heard at the Southwest Airlines (LUV) Investor Day Event: 1) The integration of AirTran should...
Heard at the Southwest Airlines (LUV) Investor Day Event: 1) The integration of AirTran should be completed in full by the end of 2014. 2) Execs see careful management of capacity as a major goal and forecast "modest" increases of fares. 3) Fleet initiatives will contribute to results in 2013 with new aircraft deliveries on tap and conversions of existing aircraft adding to efficiencies. 4) Execs note traffic is growing faster than capacity, but take a cautious tone on growing before the trend solidifies. (webcast)