BNET Industries
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
(214) 792-4000
Peer Companies
NAICS Code Scheduled Passenger Air Transportation: 481111
Recent Events
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Million Air-Salt Lake City gets fueling contracts for airlines
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The Investment Opportunity of a Lifetime
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The Greatest Stocks of the Next Generation
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Southwest to fly out of P.C. to Baltimore, Orlando, Houston and Nashville
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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
News & Analysis
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bankruptcy and southwest airlines co. and united airlines - All News and Analysis
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,...
Tulsa, Okla., Airport Trustees Approve Office Lease for Transportation Agency.
- 2003-07-11
By D.R. Stewart, Tulsa World, Okla. Knight Ridder/Tribune Business News Jul. 11--The federal agency is by an escalator leading to checkpoints. In its continuing adjustments to the post-Sept. 11 airline operating environment, Tulsa airport trustees Thursday approved an $150,074...
Big Airline Carriers May Revive No-Frills Units.
- 2003-02-13
By D.R. Stewart, Tulsa World, Okla. Knight Ridder/Tribune Business News Feb. 13--Once regarded as niche players in an industry dominated by legends such as American Airlines, United Airlines and TWA, discount carriers are rewriting the rules and filling seats with the promise...
Bankruptcies May Alter Airlines' Path.
- 2002-12-26
By Eric Torbenson, The Dallas Morning News Knight Ridder/Tribune Business News Dec. 26--Mergers, recessions and terrorism have all shaped the modern airline industry, but bankruptcy filings by some of the nation's biggest carriers have had even more of an impact, some ...
Other Carriers' Troubles Not Yet United-Size.
- 2002-12-10
Houston Chronicle Knight Ridder/Tribune Business News Dec. 10--Many of the nation's major airlines are beset with woes, but no other carrier appears on the verge of following United Airlines into bankruptcy in the near term. Corporate belt-tightening and the renegotiation...
Major Airline Carriers Post Increases from `Near-Bankruptcy' Levels.
- 2002-11-09
By Bill Hensel Jr., Houston Chronicle Knight Ridder/Tribune Business News Nov. 9--Despite the continued malaise in the airline industry as a result of the drop in air travel, airline stocks appear to have hit bottom and rebounded somewhat. Less...
Cash Crunch May Force Several Airlines into Bankruptcy, Analysts Say.
- 2001-10-02
By Dan Reed, Fort Worth Star-Telegram, Texas Knight Ridder/Tribune Business News Oct. 2--FORT WORTH, Texas--Even with a $5 billion cash federal aid package and the emergency layoffs of more than 100,000 workers, analysts expect two or three major carriers to be forced...
Analysts Expect More Financial Problems for Nation's Airlines.
- 2001-10-02
By Dan Reed, Fort Worth Star-Telegram, Texas Knight Ridder/Tribune Business News Oct. 2--FORT WORTH, Texas--Even with a $5 billion cash federal aid package and the emergency layoffs of more than 100,000 workers, analysts expect two or three major airlines to be forced...
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Southwest Airlines
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