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Southwest Warns RASM Could Drop This Quarter; Airline Stocks Are Falling
Tuesday, December 8, 2015 - 12:43pm | 374Shares of Southwest Airlines Co (NYSE: LUV) plunged more than 7 percent on Tuesday after the company reported a 13.9 percent year-over-year increase in revenue passenger miles in November. However, the company cautioned that its fourth quarter 2015 operating revenue per available seat mile (...