Southwest said adjusted operating revenue rose 20.3% on capacity growth of just 0.2%, reaching a quarterly record of $8.7 billion. Southwest Airlines posted a strong Q2 with adjusted EPS of $0.94, record revenue of $8.7 billion, and a 20.3% jump in adjusted operating revenue despite only 0.2% capacity growth. About Southwest Airlines (NYSE:LUV)Southwest Airlines Co is a U.S.-based low-cost carrier that operates a point-to-point domestic and near-international airline network. Founded in 1967 by Herb Kelleher and Rollin King as Air Southwest Company, Southwest began commercial service in 1971, initially connecting Dallas, Houston and San Antonio. The article "Southwest Airlines Q2 Earnings Call Highlights" was originally published by MarketBeat.