BNET Industries
Market Cap:$8.0B
Last Fiscal Year Sales:$9.9B
- Public
- US
Dow Jones Description
Southwest Airlines was incorporated in Texas and commenced Customer Service on June 18, 1971, with three Boeing 737 aircraft serving three Texas cities - Houston, Dallas, and San Antonio. Today, Southwest operates more than 500 Boeing 737 aircraft between 64 cities. Southwest topped the monthly domestic originating passenger rankings for the first time in May 2003. Yearend results for 2007 marked Southwest?s 35th consecutive year of profitability. Southwest became a major airline in 1989 when it exceeded the billion-dollar revenue mark. Southwest is the United States? most successful low-fare, high frequency, point-to-point carrier. Southwest operates more than 3,300 flights a day coast to coast, making it the largest U.S. carrier based on domestic departures.
Number of Employees 35,000
Contact Information
2702 Love Field Dr
PO Box 36611
Dallas, Texas 75235-1908
(214) 792-4000
Peer Companies
NAICS Code Scheduled Passenger Air Transportation: 481111
Recent Events
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Southwest Airlines November Traffic rises 11.7%, Load Factor climbs
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Southwest Airlines Declares 133rd Consecutive Quarterly Dividend
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Concur's Fourth Quarter and Fiscal 2009 Results Exceed Expectations
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Southwest, TDC inks pact in Dallas
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Blackstone Group buys Southwest Airlines shares
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12 money-saving tips for renting a car
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Blackstone Group buys Southwest Airlines shares
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US Airways, Southwest take different odds on Las Vegas flights
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Trying to Understand Airline Executive Compensation
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Southwest Launches New Fare Sale
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Southwest Airlines Green Plane
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Southwest launches BWI-to-Milwaukee service
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Southwest pilots ratify contract
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American exec named Lambert airport director
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Southwest settles lawsuit over safety issues
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Southwest Airlines October Traffic Edges Up - Update
News & Analysis
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aircraft and southwest airlines co. - All News and Analysis
Southwest Airlines Reports 3Q Financials Results
- 2008-10-16
FOOD AND BEVERAGE CLOSE-UP-16 October 2008-Southwest Airlines Reports 3Q Financials ResultsC2008 - CloseUpMedia - newsdesk@closeupmedia.com Southwest Airlines this week announced its third quarter results. In a release, the company stated: - It reported its 70th consecutive quarterly operating profit. - After special charges totaling $247 million...
Airline Finance News - North America
- 2008-10-13
Oct 13, 2008 U.S. carriers are going deeper than expected, according to OAG, and 33 airports around the country are expected to lose commercial service altogether. "The scale of the decline in the U.S. market is worse than the previous schedule analysis showed, with airlines taking 265,000 flights out...
Aircraft News - North America
- 2008-09-08
Sep 8, 2008 Ballistic Recovery Systems, manufacturer of whole-aircraft emergency parachute systems, has entered into an agreement with Martin Jetpacks to supply its emergency parachute recovery system for its ultralight system. BRS says its parachute will enable "the jetpack pilot to be saved during a catastrophic failure even when...
Company Watch - Southwest Airlines
- 2008-09-08
Sep 7, 2008 The FAA has been under pressure from Congress to tighten oversight of airlines after a whistleblower case earlier this year uncovered inspection and oversight lapses at Southwest Airlines, which was fined a record USD$10.2 million. Southwest has resisted FAA demands for payment. Sturgell and senior aides...
Aircraft News - North America
- 2008-09-01
Sep 1, 2008 US FAA said it received a score of 91 out of 100 in a new ICAO audit conducted under the Universal Safety Oversight Audit Program. It said average score is 56. Aug 26, 2008 Agents can Agents can create customized land packages, combining tours,...
Airline Finance News - North America
- 2008-06-23
Jun 23, 2008 The political debate over energy policy gained sharper partisan focus this week as President George W. Bush lined up with Republican presidential candidate John McCain in calling for more oil and gas exploration off the U.S. coasts and in oil-shale regions of the West. Democrats, meanwhile,...
Aircraft News - North America
- 2008-04-21
Apr 21, 2008 The Bush administration said on Friday it will more closely examine airline safety and assigned a panel of outside experts to gauge the effectiveness of Federal Aviation Administration oversight. Transportation Secretary Mary Peters told a news conference her agency "must do more" to respond to recent...
Illinois One aircraft unveiled by Southwest Airlines
- 2008-04-15
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD
Aircraft News - North America
- 2008-04-07
Apr 7, 2008 Air Transport Association President James May testified that the group's members have committed to an additional 30% fuel efficiency improvement by 2025 and that the industry is dedicated to developing an alternative to jet fuel. He said efforts to replace the nation's outdated air traffic control...
Airline Finance News - North America
- 2008-04-07
Apr 7, 2008 Aloha Airgroup, a closely held Hawaiian airline that filed for bankruptcy protection, ended service April 1 when it couldn't find a buyer or financing to stay in business. ATA Airlines, a Midwest carrier based in Indianapolis, shut down the following day when it sought bankruptcy protection,...
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