BNET Industries

Market Cap:$7.4B
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
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manufacturing and southwest airlines co. - All News and Analysis
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...
Aircraft News - North America
Sep 8, 2008 Ballistic Recovery Systems, manufacturer of whole-aircraft emergency parachute systems, has entered into an agreement with Martin Jetpacks to supply its emergency parachute recovery system for its ultralight system. BRS says its parachute will enable "the jetpack pilot to be saved during a catastrophic failure even when...
Company Watch - Southwest Airlines
Sep 7, 2008 The FAA has been under pressure from Congress to tighten oversight of airlines after a whistleblower case earlier this year uncovered inspection and oversight lapses at Southwest Airlines, which was fined a record USD$10.2 million. Southwest has resisted FAA demands for payment. Sturgell and senior aides...
Aircraft News - North America
Sep 1, 2008 US FAA said it received a score of 91 out of 100 in a new ICAO audit conducted under the Universal Safety Oversight Audit Program. It said average score is 56. Aug 26, 2008 Agents can Agents can create customized land packages, combining tours,...
Company Watch - Southwest Airlines
Aug 31, 2008 Southwest Airlines informed US FAA this week that it does not intend to pay a $10.2 million safety penalty by tomorrow's deadline, potentially setting the stage for a US Dept. of Justice lawsuit against the carrier. The LCC is being fined for operating 46 737 Classics...
Southwest Airlines Cargo a Quest for Quality Award Winner
FOOD AND BEVERAGE CLOSE-UP-19 August 2008-Southwest Airlines Cargo a Quest for Quality Award WinnerC2008 - CloseUpMedia - newsdesk@closeupmedia.com Southwest Airlines Cargo took home the gold as Logistics Management ranked the airline number one among all air carrier Quest for Quality award winners. Southwest Airlines earned the highest scores...
Southwest Airlines and HACU Team for Hispanic Student Travel
FOOD AND BEVERAGE CLOSE-UP-19 August 2008-Southwest Airlines and HACU Team for Hispanic Student TravelC2008 - CloseUpMedia - newsdesk@closeupmedia.com Southwest Airlines, in conjunction with the Hispanic Association of Colleges and Universities HACU, announced the winners of "Lanzate," its annual educational travel award program. With more than 450 entries from...
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...
Southwest Fallout Still Being Felt
The U.S. Office of Special Counsel, which handles whistle blower complaints from federal workers, has received 32 allegations from Federal Aviation Administration FAA employees this year, one fewer than the watchdog agency received between 2004-2007. This year's complaints include new disclosures from Bobby Boutris and ...
Southwest Airlines adds 40 new services
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Southwest Airlines (NYSE: LUV) has announced changes to its flight schedule which will result in 31 services being cut but 40 new roundtrip flights being added. The airline is using a new optimisation model to add service in cities such as Denver...
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