American southwest airline (LUV) on Thursday released financial report, first quarter net profit fell 40%, mainly due to the decline in fuel hedging gains, but adjusted profit is expected in the market, sales also improved. The company's quarter net profit last year from $98000000, or 13 cents per share, down to $59000000, or 8 cents per share. Not included hedge effect and other disposable items, adjusted earnings per share of 7 cents, higher than the accepted Townsend Reuters survey of analysts on average expected 2 cents. Revenue growth of 2.3%, to $4080000000, above the average analyst forecast of $4070000000. Southwest said, a quarter per available seat miles average passenger revenue growth of 1.8%, 0.6% passenger capacity growth rate, from 77.3% in the same period last year to 77.1%, passenger traffic growth of 0.3%
