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Gary Kelly: Unstable fuel prices still a big risk for airline...

CHICAGO - The outlook for Southwest Airlines is much brighter in 2010 than it was a year ago, but volatile fuel costs are still a big risk for the industry, Southwest's chief executive said on Wednesd

Gary Kelly on mergers: “I would never say never”

ATLANTA — The CEO of Southwest Airlines Co. said Thursday the discount carrier would never rule out the idea of acquiring another carrier in order to grow.

Kelly: “I’m hopeful that pilots will ratify contract”

AUSTIN — The head of Dallas-based Southwest Airlines held out hope Friday that its pilots will ratify a new contract, while warning that the airline industry is still grappling with hard times.

Southwest Airlines CEO voluntarily cuts his base pay by 10%

Southwest Airlines CEO, Gary Kelly has voluntarily cut his 2009 base salary by 10 percent citing the company’s first-quarter results, the low-cost carrier announced in a proxy statement, filed with

Southwest CEO says travel slump hasn’t hit bottom

DALLAS — The chief executive of Southwest Airlines says travel slumped in early March from February's already sluggish pace and the airline industry hasn't yet hit bottom amid a recession.

With his airline protected from soaring fuel prices that are straining...

Amid the airline industry's stomach-churning plunge, Gary Kelly, chief executive of Southwest Airlines Co., already is plotting course for the next upswing in air travel.