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
Filter by
bankruptcy and southwest airlines co. and us airways group inc. - All News and Analysis
High fuel costs, low ticket prices put low-cost carriers in the red.
- 2004-10-26
By Dan Fitzpatrick, Pittsburgh Post-Gazette Knight Ridder/Tribune Business News Oct. 26--Two low-cost carriers providing a local alternative to bankrupt US Airways are flirting with bankruptcy themselves, victims of rising fuel prices and weak air fares. ATA Airlines, which offers...
US Airways aims to come out an efficient airline
- 2004-09-17
On Sept. 13 at Lancaster Airport, a dozen passengers boarded a flight to Pittsburgh on US Airways Express. The flight departed less than 24 hours after US Airways Group Inc. said it was returning to bankruptcy court for a second time. US Airways, Central Pennsylvania's dominant airline, aims to emerge...
Airlines' bankruptcies may hinge on irreplaceable pilots.
- 2004-09-14
By Dudley Price, The News & Observer, Raleigh, N.C. Knight Ridder/Tribune Business News Sep. 14--For US Airways, which entered bankruptcy Sunday, and Delta Air Lines, which is on the brink, it's the pilots who will largely decide whether the carriers continue flying....
Northwest Must Follow Peers, Make Cuts, Airline-Industry Experts Say.
- 2003-04-09
By Rajiv Vyas, Detroit Free Press Knight Ridder/Tribune Business News Apr. 9--United Airlines and US Airways filed for bankruptcy so they could cut billions of dollars a year in labor costs. American Airlines says it will file for bankruptcy too, if...
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 ...
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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