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26-story mixed-use tower planned at Taylor & Fifth in downtown Fort Worth

Jetta Operating Co., a 24-year-old privately held oil and gas company in Fort Worth, and a related entity plan a 26-story mixed-use tower downtown at Taylor and Fifth streets on a site once owned by the Star-Telegram.

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UPDATE: Six candidates file for two Water Board seats

Six candidates have filed for the two open seats on the Tarrant Regional Water Board, setting up a battle that could potentially shift the balance of power on the board and the priorities of one of the largest water districts in Texas.

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Top area CFOs honored

The Fort Worth Business Press honored 13 area chief financial officers today with a luncheon at the Fort Worth Club.

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Fort Worth breaks ground on $8.6 million South Main renovation

Fort Worth Near Southsiders and city officials broke ground Monday on the 18-month rebuild of South Main Street between Vickery Boulevard and West Magnolia Avenue.

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Fort Worth Superintendent candidate withdraws from consideration

And then there were none. The lone Fort Worth ISD Superintendent candidate, Dr. Joel D. Boyd, has informed the Fort Worth ISD Board of Education that he is

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Southwest traffic, revenue figure jump in December

DALLAS (AP) — A key revenue figure for Southwest Airlines Co. soared in December on stronger passenger traffic, a sharp turnaround from November that may have reflected the unusually late Thanksgiving holiday.

Southwest said Wednesday that passenger revenue for every seat flown one mile last month rose between 14 percent and 15 percent from the same month in 2012. In November, the same figure declined 6 percent, and company officials blamed the drop partly on Thanksgiving falling on Nov. 28, meaning that some passengers returned home the following Sunday, Dec. 1.

The results include Southwest's AirTran Airways subsidiary.

The per-mile revenue figure is a closely watched measure of financial performance in the airline business. It rises when average ticket prices increase and when more seats are filled.

Southwest didn't disclose its average December fare, but it reported a 9.8 percent increase in traffic. Paying passengers flew 8.98 billion miles last month on Southwest and AirTran, up from 8.17 billion miles in December 2012.

Passenger-carrying capacity, measured in seats times miles flown, rose 3.4 percent. Since traffic rose faster than Southwest and AirTran added seats, the average flight was 82.8 percent full, up from 78 percent full in December 2012.

For all of 2013, traffic on Southwest and AirTran rose 1.4 percent, capacity was increased by 1.7 percent, and average occupancy dipped to 80.1 percent from 80.3 percent in 2012.

Shares of Dallas-based Southwest, the nation's fourth-biggest airline, rose 31 cents to $19.84 in afternoon trading. At the beginning of the day's session, they had gained 77 percent in the past 12 months.

 

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