Airlines earnings show signs of recovery

Yahoo! News – Analysts said the results at Southwest and AMR Corp. indicated that the airline industry is making a comeback, albeit one that is threatened by uncertainty over the economy and fuel prices.

“They proved they can make money at these fuel prices, at least in the busy second quarter,” said Ray Neidl, an analyst with Calyon Securities. “We still have to get through the slower winter period and see where fuel prices go.”