Southwest earnings fall on higher fuel costs
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Southwest Airlines Co. , the  leading U.S. discount carrier, posted a 16.5 percent drop in  second-quarter earnings on Wednesday on higher fuel costs and  sluggish demand.
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American Airlines, Delta and Southwest all reported profits for the second quarter, on strong passenger loads, but jet fuel costs limited the gains.
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Delta Air Lines Inc., which is transforming its business to reduce costs and attract more fliers, blamed high fuel prices, low fares and hefty charges as it reported a $2.2 billion fourth quarter loss that was much steeper than a year ago.
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Caterpillar Inc , a manufacturer  of heavy construction and mining equipment, said on Friday its  quarterly earnings fell more than expected due to lower sales  of diesel truck engines, weakness in North American  construction markets, and higher production costs.
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Caterpillar Inc , a manufacturer of heavy construction and mining equipment, said on Friday its quarterly earnings fell more than expected due to lower sales of diesel truck engines, weakness in North American construction markets, and higher production costs.
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TEMPE, Ariz.  â The US Airways Group said Thursday that it had swung to a fourth-quarter loss as a result of significantly higher fuel costs.
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Spanish airline Iberia revealed Tuesday that higher fuel costs contributed to its net profit falling by 70 percent to 116 million euros (152 million dollars) in 2006.
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Shares fell as Caterpillarâs disappointing profit fueled caution over the economy, while a pullback in crude oil prices from a record high hurt shares of energy companies.
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Southwest Airlines of Dallas said Monday it will eliminate 88 scheduled flights to free up planes for more profitable routes. The discount carrier said the schedule change should
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Farming supply retailer Tractor Supply  Co. TSCO.O on Monday reported that its earnings fell in the  third quarter because of higher freight costs, higher costs for  steel and other commodities and a shift in sales to lower  margin hurricane-related items.
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SINGAPORE (Dow Jones)--Qantas Airways Ltd. (QAN.AU) isn&#39;t ready to lower the fuel surcharge on its tickets although oil prices have retreated from highs, the Australian airline&#39;s chief executive Geoff Dixon said Monday.
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The airline industry is expected to lose as much as $4-b in 2004 due to the high fuel costs, despite an increase of about 19% in international passenger traffic so far this year.
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SCS Transportation Inc. on Monday lowered its third-quarter outlook on lower-than-expected revenue and higher operating costs, causing the stock to plummet on more than 10 times its average trading volume.
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Performance Food Group Co. said Monday that earnings for the third and fourth quarters will fall below its previous estimates, in part due to the effects of the hurricanes that hit the Southeast.
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Shares of US airlines declined in Monday trading activity, led lower by an analyst downgrade on Northwest Airlines Corp. and crude oil prices that rose well into the $53-per-barrel level at midday.
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Centrica, the owner of British Gas, reports a 5% fall in operating profits despite the benefit of higher fuel bills.
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The company will add fewer planes to its fleet and will tweak its flight schedule as it grapples with a slowing economy and high fuel costs.