Photographer: Patrick T. Fallon/Bloomberg

Southwest Tops Estimates on Higher Traffic, Lower Fuel Costs

  • Airline speeds retirement of oldest Boeing 737s to next year
  • Move will reduce 2017 capacity growth below original plans

Southwest Airlines Co. reported first-quarter profit that beat analysts’ estimates and said it would speed retirement of its oldest Boeing 737s to better manage pilot training for a new model of the plane.

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