It's looking up though. Southwest does it by flying profitable routes and uses enough planes so that people can almost use it like a bus service for shorter hauls like between Albuquerque and PHoenix. (It also has a superior on time rating and has a superb safety record.)
I used to prefer to fly American, Ameriwest, Delta, or United because I could get an assigned seat and could arrive at the airport just minutes before departure. After 9/11 though, when security was tightened and I had to get to the airport much earlier, I switched more to Southwest and its better schedules and lower fares.
I read recently that Southwest may go to assigned seats soon though. I have mixed emotions about that. Why fix something that has worked very well up to now?
Airlines finally making money
Tightfisted tactics, higher fares pay off amid rising fuel costs
By Meredith Cohn
Sun reporter
Originally published July 28, 2006
Airline passengers might not enjoy paying higher fares to be crammed into full airplanes with little more than a bag of peanuts for sustenance, but that cash seems to be helping the nation's carriers finally put the brakes on their multibillion-dollar, multiyear slide.
In the past week and a half, eight airlines have reported that they finally made money in the second quarter after years of losses, earned more than last year or, in the cases of Southwest Airlines and AirTran Airways - Baltimore's No. 1 and 2 carriers, respectively - had their best three months ever.
And it's not just the discounters: United Airlines, which hadn't reported a profit in six years, and US Airways, which had filed for bankruptcy twice since 2002, both made money.
Airline officials and experts still warn that spiking fuel bills and the economy's uncertain direction leave the industry on less than stable ground, and they cautioned that the second quarter usually is the industry's strongest. But the fare increases and years of cost-cutting contributed to the kind of quarter the industry hasn't seen since 2000.
MORE HERE