DrStockPick.com Stock Report!

Friday September 4, 2009

**************************************************************

Southwest Airlines Co. (NYSE: LUV) announced today that the Company flew 6.7 billion revenue passenger miles (RPMs) in August 2009, a 1.0 percent increase from the 6.6 billion RPMs flown in August 2008. Available seat miles (ASMs) decreased 6.1 percent to 8.3 billion from the August 2008 level of 8.9 billion. The load factor for the month was 80.2 percent, compared to 74.6 percent for the same period last year. For August 2009, passenger revenue per ASM is estimated to have decreased in the five to six percent range as compared to August 2008.

Phoenix

Today, Phoenix International Ventures, Inc. announced that its wholly owned subsidiary, Phoenix Aerospace Inc., received an aggregate of $1,047,000 in new purchase orders. One of the orders to design engine trailer adapters and the other is to supply ground support equipment to a major aerospace corporation.

Phoenix International Ventures, Inc.’s CEO Mr. Zahir Teja commented, “We are delighted to announce these latest purchase orders which give a great boost to the company. These orders bring our backlog to $7.4M. Since September 8, 2008, we have accumulated approximately $5.3M in new orders, of which $2.4M is from the U.S. Air Force for the design and manufacturing of new generation Aircraft Engine Trailers.”

Let us hear your thoughts below: