Southwest said that revenue was weaker than expected in March and so far in April. Automatic budget

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DALLAS (AP) — Higher fares helped Southwest Airlines make more money than Wall Street expected in the first quarter, but the company said Thursday that automatic federal spending cuts could hurt revenue in April.
Southwest said that revenue was weaker than expected in March and so far in April. Automatic budget cuts that went into effect in March have caused orlando cheap hotels federal agencies to cut back on travel. The company said that it s cautious because of the potential effect of those cuts, but that recent bookings for May and June are solid.
Other airlines have also seen damage from the federal orlando cheap hotels spending cuts. US Airways said this week that revenue from government workers plunged 37 percent in March. Government travel counts for 3 percent of US Airways revenue.
At Southwest, lower fuel prices have offset the slump in revenue in April. Fuel is the airline s biggest expense. It s first-quarter fuel bill fell 3.5 percent compared with the same period last year, to $1.46 billion.
Southwest also unveiled details of a new no-show policy. The airline will start dinging some customers who fail to cancel their reservations and then don t show up for the flight. Beginning with reservations made on or after May 10, no-shows will lose the value of the unused part of their itinerary orlando cheap hotels and the rest of the reservation will be canceled.
Unlike most airlines, Southwest doesn t charge a fee to change a ticket, and it lets customers apply the amount of unused tickets to new bookings. But the airline orlando cheap hotels believes that the policy results in seats going unsold when passengers fail to show up.
We are pleased with the early results orlando cheap hotels from revenue initiatives implemented in first quarter 2013 and are excited about the incremental benefit expected for future periods, orlando cheap hotels CEO Gary Kelly said in a statement.