Southwest Airlines (NYSE: LUV) reports its increased profits due to a high number of travelers choosing to fly with its services and lower fuel prices. ABC News report that the nation’s fourth-biggest airline is making record profits as the company is up 31 percent in profits from the start of this year, reporting $608 million in the second quarter. A sharp drop in oil prices last year help save Southwest around $420 million on jet fuel compared with the same period last summer.The airlines revenue grew 2 percent to $5.11 billion, just short of meeting its expected value of $5.14 billion. This morning the airline's shares rose 4.6 percent to $36.75. For more travel and financial news, click here.