BNET Industries

Market Cap:$6.6B
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 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
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United may soon be feeling heat in Denver
News & Analysis
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finance and southwest airlines co. - All News and Analysis
Southwest Airlines Q3 2009 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions We’ll take our first question from Duane Pfennigwerth with Raymond James. Duane Pfennigwerth - Raymond James Good morning. Just in terms of the revenue comparisons in the fourth quarter, at least on the numbers that we have, it seems like October was a pretty...
American Raises Fares, Others Follow
While some are touting 2010 as the "Year of the Travel Deal," the truth may be a bit more complicated than that. While suffering hoteliers will decrease hotel rates and create more package deals, airlines are still finding new ways to create revenue. American Airlines raised fares $6...
Southwest Adds $10 One-Way "Early Bird" Fee
In an apparent effort to raise revenue, Southwest Airlines is offering a $10 one-way "Early Bird" fee for regular customers who want priority boarding. Customers would pay $20 round-trip for the service 36 hours before the flight is scheduled to leave. (Without it, customers have to check in 24 hours ahead to be...
Southwest Airlines Co. F1Q09 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Jamie Baker with J. P. Morgan. Jamie Baker - J. P. Morgan Gary, I was a little surprised to see that the pilot CA does appear to have some minimum fleet requirements included in it. Is there some...
Southwest Airlines Q4 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Thank you. If you would like to ask a question, press start one on your touchtone telephone. Please make sure your mute function is turned off to allow your signal to reach our equipment. Again, press start one for questions and...
Travel Roundup: Southwest Unloads Gates, LAX Reports Declines, Travelers Take Amtrak and More
Southwest trying to give up boarding gates at BWI -- Southwest Airlines, which is trying to buy spots from AirTran Airways at La Guardia Airport, is also attempting to give up some of its boarding gates at Baltimore-Washington International Thurgood Marshall Airport. A spokeswoman for the company said the decision to downsize...
Travel Roundup: Southwest Pays, Stewardess Lands Plane, Harrah's Lays Off and More
Southwest pays $7.5 million for La Guardia landing slots -- Southwest Airlines is willing to pay $7.5 million for bankrupt ATA Airlines' landing slots and operating certificate at La Guardia Airport. If approved by a bankruptcy court, Southwest will buy 14 slots giving the Dallas-based airline seven daily takeoffs and landings. The closest airport...
Oil Price Still a Concern: Will WestJet Implement Fuel Hedges in Q4?
FP Trading Desk submits: With the rapid decline in oil prices boosting investor interest in airlines, WestJet Airlines Ltd. (WJAVF.PK) could reap the benefits since it may use as much as five million barrels of fuel in 2009. RBC Capital Markets analyst Nick Morton estimates that every $10 per...
Southwest Airlines announces financial results for Q3
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Southwest Airlines (NYSE:LUV) has released financial results for the third quarter of 2008. Net income for the quarter, excluding special items, was USD69m, a drop of 55.8% from the third quarter 2007. The airline reported record quarterly revenues of USD2.9m for...
Southwest Airlines Reports 3Q Financials Results
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...
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