Southwest CEO sees little recovery in business travel

10/16/2009 | TheStreet.com

Southwest Airlines may have beat expectations with its third-quarter earning report, but CEO Gary Kelly says he doesn't have much faith that an economic recovery is under way for the industry. "The economy will continue to bump along," Kelly told analysts on a conference call. "I don't believe the worst is behind us." Kelly said he sees no quick return of business travelers, resulting in "a low fare environment" for air carriers.

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