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Southwest Airlines Posts 4Q, Full-Year Profit

Frequent Flyer A

Flying against the headwinds of a recession and volatile fuel prices, Southwest Airlines Co. made money in the fourth quarter and extended its string of annual profits to 37 years.

Southwest said Thursday it earned $116 million in the quarter, which was enough to lift the company to a full-year profit of $99 million after it lost money during the first nine months of 2009.

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