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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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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litigation and southwest airlines co. - All News and Analysis
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...
Southwest Feeling the Pinch of Fuel Hedge Reversal
Although average passenger revenue yield per mile increased 16.5% year-on-year to $14.70, Southwest Airlines announced its first quarterly loss in 17 years (of $120 million) -- not because of negative operating income -- but due to unrealized losses associated with the required mark down in the value of some derivative...
Fuel Hedges a Drag on Southwest Airlines' Earnings
Although average passenger revenue yield per mile increased 16.5% year-on-year to $14.70, Southwest Airlines announced its first quarterly loss in 17 years (of $120 million) -- not because of negative operating income -- but due to unrealized losses associated with the required mark down in the value of some derivative...
Continental, Southwest are raising fares
DALLAS -- High fuel costs that helped drive some marginal airlines into bankruptcy this spring are also taking a toll on two of the nation's healthiest carriers. Continental Airlines Inc. slid to a first-quarter loss as fuel spending soared 53 percent, and Southwest Airlines Co. -- which hasn't...
Frontier struggles with rivals' squeeze play in Denver
Frontier Airlines fended off a skittish creditor by seeking bankruptcy-court protection last week, but its future could depend on how successfully it battles two muscular rivals in a city that may not have room for all three. The scrappy discount airline is now a strong No.2...
Airline Finance News - North America
Jan 7, 2008 Air service subsidies raise debate. Subsidized air service often comes at a big cost to taxpayers, the USA TODAY editorial board writes. The board notes that some communities in remote areas need subsidies, but others that receive subsidies are not far from large airports. However, Rep....
Philly Road Warrior | Southwest tweaking its schedule
Southwest Airlines announced what the business media might call "strategic moves" last week, dropping nonstop service this fall between two East Coast airports, PHL and Baltimore, and two West Coast spots, Los Angeles and Oakland, Calif. A flight to Nashville will be added; and one to Providence, eliminated. Southwest made...
Southwest CEO steers carrier over clouded industry
SOUTHWEST Airlines Chief Executive Gary Kelly's no-frills carrier is the nation's most successful airline. But the job of keeping Southwest on top as the low-cost leader won't be easy with the price of fuel at record levels and the industry in turbulence. ...
Shareholder Development Group Special Situation Alert for Friday December 9, 2005-OBBCQ,USXP,LUV.
M2 PRESSWIRE-9 December 2005-Shareholder Development Group: Shareholder Development Group Special Situation Alert for Friday December 9, 2005-OBBCQ,USXP,LUVC1994-2005 M2 COMMUNICATIONS LTD RDATE:09122005 Orbit Brands (OBBCQ: Pink Sheets) stock closed up 11 yesterday on volume of over 23 million shares The company recently...
Pittsburgh loses hub but gains air traffic
Communities think of the loss of an airline hub as a doomsday scenario -- less traffic and less prestige. But in Pittsburgh, the opposite happened this year: After US Airways pulled half its flights, local travel increased sharply. Since US Airways announced last fall that it would stop...
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
