BNET Industries
Market Cap:$7.5B
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
midway and southwest airlines co. - All News and Analysis
Midway privatisation moving closer?(Americas)
- 2008-01-01
Southwest Airlines has reached agreement with the City of Chicago that Mayor Richard Daley's office said is "a very big first step" toward its planned privatisation of Midway Airport. US legislation enacted in 1996 created a pilot programme for five airport privatisations. But the law states...
NTSB faults pilots in fatal Chicago skid
- 2007-10-03
WASHINGTON -- Pilots of a Southwest Airlines jet took too long after touchdown to use their engines to slow down, causing the plane to slide off a snowy Chicago runway and kill a 6-year-old boy in a passing car, federal safety investigators ruled Tuesday. While finding...
Fitch Affirms Chicago Midway Int'l Airport Ratings; Outlook Stable
- 2007-02-27
CHICAGO -- Fitch Ratings affirms its underlying 'A+' rating for the City of Chicago, Illinois' the city $835.8 million of outstanding first lien airport revenue bonds for Chicago Midway International Airport Midway and its underlying 'A' rating for the city's $422.7 million second lien airport revenue bonds for Midway. The...
Does hedging affect firm value? Evidence from the US airline industry
- 2006-03-22
Does hedging add value to the firm, and if so, is the source of the added value consistent with hedging theory? We investigate jet fuel hedging behavior of firms in the US airline industry during 1992-2003 to examine whether such hedging is a source of value for these companies. We...
Editorials.(News)(Editorial)
- 2005-12-15
Midway viable, but changes are urgent For years, even decades now, the excellent safety record of Midway Airport and more recently of chief tenant Southwest Airlines went a long way toward masking the obvious - that this is an airport operating in extraordinarily tight...
Equipment trouble cited in crash
- 2005-12-12
The captain of the Southwest Airlines flight that slid off a Chicago runway and killed a 6-year-old boy in a car told investigators that he had trouble getting the jet's thrust reversers to slow the plane, an NTSB spokesman said Sunday. A delay in deploying the reversers could have...
Once a 'munie,' Midway's now puny size calls out for reforms.(News)
- 2005-12-12
Byline: Chuck Goudie Chicago Midway has always been the New Orleans of U.S. airports. You just knew that one day its location would cause it to burst at the seams. On one side are the bungalows, hundreds of them as...
Plane's thrusters weren't working
- 2005-12-11
CHICAGO -- The reverse thrusters that should have slowed a Southwest Airlines jetliner before it slid off a runway at Midway Airport and into the street didn't immediately kick in when the pilots tried to deploy them, federal investigators said Saturday after interviewing the crew. How much of...
Spotlight on short runways
- 2005-12-10
CHICAGO -- A deadly accident in which a Boeing 737 slid off the end of a snowy runway brought renewed demands Friday for buffer zones or other safety measures at hundreds of airports around the nation to give pilots a wider margin for error. In Thursday night's tragedy...
Horrible surprise for family on a ride Investigation begins as mother, father mourn.(News)
- 2005-12-10
Byline: Joseph Ryan Daily Herald Staff Writer The three Woods' boys, ages 1, 4 and 6, sat in the back seat of the family car, behind their mom and dad, as they headed down Chicago's busy Central Avenue in the depths of a snowstorm Thursday...
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Southwest Airlines
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