Southwest Airlines is concerned that a recession could lead to deep cuts in business travel, CEO Gary Kelly said, and the airline also remains concerned about the high price of oil. Kelly also said that the airline has the ability to grow in 2008. "We are trying to match our growth to opportunities and -- side note -- in a year like 2008, when we all have concerns about the economy, that may not be the year to be growing very much," Kelly said.

Related Summaries