May 20th, 2009 - Reuters
Related topics:
* Revenue decline offsets fuel cost drop
* Sees swine flu hurting demand
NEW YORK, May 20 (Reuters) - The large drop in SouthwestAirlines (LUV.N) fuel bill in the second quarter has beenoffset by an "almost dollar-for-dollar" decline in revenue, theairline's chief executive told investors on Wednesday.
The Dallas-based company is also planning for continuedrevenue softness as the recession and the new flu virus cutinto travel demand, CEO Gary Kelly said at the company's annualshareholders' meeting.
Related stories:
Swine Flu Reaches Tokyo
May 21st, 2009 - Forbes
Swine flu is expected to spread more rapidly and extensively in Japan after the virus reached Tokyo, one of the world’s most populous metropolitan areas, with 35 million people.
Milwaukee in plans for Southwest Airlines
May 20th, 2009 - ChicagoTribune
Southwest Airlines plans to land at Milwaukee's General Mitchell International Airport later this year, a foray that likely will strengthen the discounter's grip on the Chicago market...
HP To Cut More Than 6000 Jobs
May 20th, 2009 - InformationWeek
Hewlett-Packard, which reported its first year-over-year quarterly revenue decline in four years, plans to cut more than 6,000 jobs, in addition to the more than 24,000 jobs it expects to shed as part of its acquisition of EDS.
New Jersey to Suspend Tax Rebates Amid Slump, Treasurer Says
May 19th, 2009 - Bloomberg
May 19 (Bloomberg) -- New Jersey Governor Jon Corzine’sadministration is proposing to suspend property-tax rebates toall but seniors, as the state grapples with a revenue shortfallof $2 billion over the next two years.
Philippines clears initial 49 quarantined A/H1N1 flu cases
May 14th, 2009 - XinHua
Special Report: World Tackles A/H1N1 Flu ? MUNTILUPA, the Philippines, May 14 (Xinhua) -- All 49 visitors who were quarantined in the Philippines for developing flu-like...
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