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Southwest + St. Joe Company Joint Venture

FrugalFlyerv2.0

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CHICAGO (Dow Jones)--Southwest Airlines Co. (LUV) said Wednesday that it would be the launch carrier for a new privately developed airport in Florida.

Southwest, the largest U.S. domestic carrier by traffic, will start flying to four cities from the Northwest Florida-Panama City International Airport when it opens in May 2010.
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