Southwest Airlines reported third-quarter 2018 net income of $615 million, a 16.5% increase from a $528 million net profit in the same period last year. The Dallas-based carrier’s 3Q RASM increased 1.2% year-over-year (YOY), driven largely by a yield increase of 2.3% and offset slightly by a load factor decline of 0.9 point to 83.9%. That marked a rebound from the second quarter, when RASM decreased 3% in the wake of the April 17 Boeing 737-700 inflight engine failure that resulted ...

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