BNET Industries

Southwest Airlines Co.

(LUV) is in the Travel Industry

Market Cap:$8.3B
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

www.southwest.c...

(214) 792-4000

NAICS Code Scheduled Passenger Air Transportation: 481111

Recent Events

  • Southwest to fly out of P.C. to Baltimore, Orlando, Houston and Nashville

    12/16/09 - Joint Venture / Alliance - View Story

  • Southwest Airlines November Traffic rises 11.7%, Load Factor climbs

    12/04/09 - Financial Announcement - View Story

  • Southwest Airlines Declares 133rd Consecutive Quarterly Dividend

    11/21/09 - Stock Split / Dividend - View Story

  • Concur's Fourth Quarter and Fiscal 2009 Results Exceed Expectations

    11/17/09 - Joint Venture / Alliance - View Story

  • Southwest, TDC inks pact in Dallas

    11/18/09 - Joint Venture / Alliance - View Story

  • Blackstone Group buys Southwest Airlines shares

    11/17/09 - Merger / Acquisition - View Story

  • 12 money-saving tips for renting a car

    11/17/09 - Bond / Stock Rating - View Story

  • Blackstone Group buys Southwest Airlines shares

    11/16/09 - Merger / Acquisition - View Story

  • US Airways, Southwest take different odds on Las Vegas flights

    11/14/09 - Bond / Stock Rating - View Story

  • Trying to Understand Airline Executive Compensation

    11/23/09 - Financial Announcement - View Story

  • Southwest Launches New Fare Sale

    11/12/09 - Product Announcement - View Story

  • Southwest Airlines Green Plane

    11/07/09 - Product Announcement - View Story

  • Southwest launches BWI-to-Milwaukee service

    11/02/09 - Product Announcement - View Story

  • Southwest pilots ratify contract

    11/02/09 - Legal Settlement - View Story

  • American exec named Lambert airport director

    10/27/09 - Mgmt. Change Entering - Director - View Story

  • Southwest settles lawsuit over safety issues

    10/29/09 - Lawsuit Filed - View Story

News & Analysis

ata and southwest airlines co. - All News and Analysis

  • ATA Airlines enhances frequent flyer programme

    - 2007-03-30

    AIRLINE INDUSTRY INFORMATION-C1997-2007 M2 COMMUNICATIONS LTD The travel awards of ATA Airlines frequent flyer programme have been enhanced through a new Point conversion benefit. The carrier said Travel Awards Members will be able to redeem 7,250 Travel Awards Points for one Southwest Airlines Rapid Reward Award and the...

    Tags: ATA, Southwest Airlines Co.

  • ATA flying to Hawaii from Oakland

    - 2006-04-27

    ATA AIRLINES launches daily service today from Oakland International Airport to Hawaii. The Indianapolis-based airline announced in January that it would move its Bay Area operations from San Francisco International Airport to Oakland, and completed that move Wednesday. ATA will offer four flights a...

    Tags: ATA, Oakland, Southwest Airlines Co.

  • Business travel

    - 2006-03-21

    New service: Starting June 1, US Airways launches service from Philadelphia to Portland, Ore. using 150-seat Airbus A320 aircraft. Code sharing: ATA Airlines now shares code with Southwest Airlines out of New York's LaGuardia, Washington-Reagan, Dallas/Ft. Worth and Chicago Midway airports. New hotel: The Hampton Inn & Suites...

    Tags: Airbus S.A.S., ATA, Manufacturing, Philadelphia, Portland, Southwest Airlines Co., US Airways Group Inc.

  • Budget carrier flies to Oakland

    - 2006-01-24

    Get out the suntan lotion. Oakland International Airport has a new low-cost carrier that will specialize in discount flights to Hawaii. ATA Airlines said Monday it will move its operations from San Francisco International Airport to Oakland International Airport, bolstering Oakland's status as a low-fare leader....

    Tags: ATA, carrier, Oakland, SFO, Southwest Airlines Co.

  • Southwest and ATA expand codeshare

    - 2005-12-16

    AIRLINE INDUSTRY INFORMATION-C1997-2005 M2 COMMUNICATIONS LTD Southwest Airlines (NYSE: LUV) will expand its current ATA Airlines codeshare agreement to include ATA flights from Dallas/Fort Worth Airport to Chicago Midway Airport. The airline said that Southwest customers will be able to book flights on ATA's three daily direct flights...

    Tags: ATA, Southwest Airlines Co.

advertisement
     LUV $11.20 +0.45 (4.19% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 9,570,000
Shares Outstanding 741.94M
Market Cap 8.3B
Year High 11.23
Year Low 4.95
Earnings Per Share -0.15
P/E Ratio -74.67
Dividend 0.02
Yield 0.16
IndustryTop Rated

Brought to you by CBS MoneyWatch.com

advertisement
Presented by American Express