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During 2015, $LUV continued its focus on reducing fuel consumption and improving efficiency through fleet modernization and other fuel initiatives. The company replaced its older aircrafts with newer aircrafts that are more fuel efficient. $LUV recently announced its intent to accelerate the retirement of its 737-300 and 737-500 aircraft.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.