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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carrier and southwest airlines co. - All News and Analysis
Airline Finance News - North America
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...
Airline Finance News - North America
Sep 8, 2008 Safety Compliance Gaps Noted For Some US Airlines. Three major airlines were among 11 US carriers that failed during an unprecedented industry review to demonstrate full compliance with government safety directives, regulators said on Friday. The Federal Aviation Administration did not disclose the carriers or their...
Airline Finance News - North America
Sep 1, 2008 Air Canada Air Canada and Jazz flew a combined 5.02 billion RPMs in July, down 0.6% year-over-year, against a 2% fall in capacity to 6.05 billion ASMs. Load factor rose 1.2 points to 83%. Aug 28, 2008 American Airlines American, British Airways and...
Southwest to trim 190 flights this winter
DALLAS -- Southwest Airlines Co., which had resisted the kinds of capacity cuts being made by other carriers, will eliminate nearly 200 flights early next year as it struggles with high fuel costs and a weakening economy. The move raised doubts about the company's publicly stated goal of...
Airline Finance News - North America
7/14/2008 US airlines asked customers on Thursday to lobby Congress on legislation to curb speculation in energy markets, which carriers blame for a 50 percent jump in fuel costs this year. Skyrocketing fuel prices have forced airlines to slash jobs and capacity, raise fares, retire planes and introduce luggage...
Company Watch - Southwest Airlines
6/30/2008 Southwest Airlines is adding service in high-demand markets to take advantage of other carriers' capacity cuts. The carrier's fuel-hedging program is allowing it to pay less for fuel than most of its rivals. "We are trimming our flight schedule, frequently and continually, of unproductive flights, while we continue...
Airline Finance News - North America
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,...
Airline Finance News - North America
Apr 21, 2008 Airlines are permitted to self-report compliance through an US Federal Aviation Administration system, the reliability of which has been questioned in the past. It crunches data, tracks trends, and helps to identify risks and safety priorities. Airline self-reporting underpins much of FAA oversight, and the agency...
FAA Air Carrier Audits Criticized at Senate Hearing
The Federal Aviation Administration FAA was subjected to a fresh salvo of stinging criticism in the wake of revelations that an FAA supervisor in the Dallas field office intentionally ignored missed maintenance inspections at Southwest Airlines. The central FAA employee in the matter was relieved of...
Air travelers pay for tougher safety policies
WASHINGTON -- The air travel misery will probably get worse. Massive flight cancellations by American Airlines are likely to spread to other carriers as federal regulators step up their scrutiny of aircraft inspections after years of more lenient enforcement. As oversight tightens and Congress...
Industry Transcripts by Seeking Alpha
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The Marcus Corp. F2Q10 (Qtr End 11/26//09) Earnings Call Transcript
on Dec 17, 2009about MCS
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Multimedia Games Inc. F4Q09 (Qtr End 30/09/09) Earnings Call Transcript
on Dec 08, 2009about MGAM
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Isle of Capri Casinos, Inc. F2Q10 (Qtr End 10/25/09) Earnings Call Transcript
on Dec 01, 2009about ISLE
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Ctrip.com Q3 2009 Earnings Call Transcript
on Nov 11, 2009about CTRP
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Priceline.com Incorporated Q3 2009 Earnings Call Transcript
on Nov 09, 2009about PCLN
