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Southwest to Pare Back Winter Schedule

Stock quotes in this article: LUV  

Southwest(LUV Quote) says it plans to reduce flying by about 5% in January.

The carrier's winter schedule, which begins Jan. 11, shows a reduction of nearly 200 flights. Southwest currently makes about 3,400 daily flights.

During a conference call in July, Southwest CEO Gary Kelly said the carrier would likely cease growing in 2009, after growing by no more than 4% in 2008. "From July forward, our flying is essentially flat," he said. ...

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