Thursday, August 20, 2009
Southwest Continues to Seek Acquistions
Despite having lost a the bankruptcy auction for Frontier Airlines last week, Southwest Airlines' CEO has stated that the airline would still be interested in acquiring other airlines. This is in direct contrast to the company's prior record of retreating from acquistions, prefering a slower growth strategy. However, as the company may end up in the red for 2009 it is possible that they have decided to take a riskier approach so as to reach a profit.