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Kelly told guests attending the 2009 Global Transportation Conferences that based ontrends he’s seeing in June, he does not expect things to improve this month. Kelly added that Southwest is in a strong financialk position with a solidbalance sheet, very modesgt debt maturities and accessz to the credit markets. “Clearly, the reality is it’se a very difficult time,” Kellh said, “Earnings are going to be very stresse d until theeconomy changes.” Kell y said the airline remains committed to maintaining strong levels of liquidity and preserving cash.
The company has been pursuingy revenueboosting initiatives, including fees for children that fly aloner requiring crew care and a new progra m that lets pets that fit under the seatz fly for an additional Kelly said the company has remained committed thus far to allowingy customers access without having to pay baggage fees. Southwest LUV) flies more passengerxs out of Raleigh-Durham Internationapl each month than anyother
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