BNET Industries
Market Cap:$7.7B
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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southwest airlines co. and taxes - All News and Analysis
Oil Price Still a Concern: Will WestJet Implement Fuel Hedges in Q4?
Seeking Alpha
- 2008-10-22
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's profits triple
- 2007-10-19
DALLAS -- Southwest Airlines Co.'s profit more than tripled in the third quarter, as the nation's biggest discount carrier packed its planes fuller than ever. Still, shares of the Dallas-based company fell 30 cents, or 2.1 percent, to $14.26 in midday trading as airline stocks fell broadly...
Letters
- 2006-09-20
UP, UP, AND AWAY Airport numbers down because of runway repairs At the August meeting of the Colorado Springs Airport Advisory Commission, airport management reported that passenger traffic was down 9.2 percent in July when compared to the previous year and that a study...
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...
Springs & Co.
- 2005-10-24
HALL WON'T LACK BOOKINGS Will The Broadmoor's new exhibition hall be hurt by Southwest Airlines' decision to launch service next year at Denver International Airport instead of the Springs? Not necessarily. Broadmoor Hall, which opened a week ago, already has events booked as far...
Fort Worth Star-Telegram, Texas, Mitchell Schnurman column.
- 2004-12-08
By Mitchell Schnurman, Fort Worth Star-Telegram, Texas Knight Ridder/Tribune Business News Dec. 8--Am I on the wrong side of the Wright Amendment? After all, I have supported public money for a new football stadium in Arlington, a huge tax break for...
Carriers at Philadelphia Airport Slash Fares to Vie with New Arrivals.
- 2004-02-19
By Tom Belden, The Philadelphia Inquirer Knight Ridder/Tribune Business News Feb. 19--Southwest Airlines' first flights from Philadelphia International Airport are almost three months away, but US Airways and other carriers already have dramatically slashed some of their fares to compete with...
Airlines Offer Discount Fares.
- 2003-10-11
By D.R. Stewart, Tulsa World, Okla. Knight Ridder/Tribune Business News Oct. 11--The airline industry is offering discounted fares to both domestic and international destinations to fill seats during the slack fall market. From Great Plains Airlines, the 2-year-old Tulsa-based...
When Airline Security Tax Is Lifted, Airline Ticket Prices Expected to Rise.
- 2003-09-30
By Katie Fairbank, The Dallas Morning News Knight Ridder/Tribune Business News Sep. 30--Airplane tickets are expected to jump slightly Wednesday when the federal government lifts the moratorium on its airline security tax. The government stopped collecting the special fee --...
Southwest to inaugurate nonstop S.L-Chicago route
- 2003-09-19
Southwest Airlines said Thursday it will start nonstop Saturday- only service between Salt Lake City and Chicago beginning at year end. The introductory fare will be $99 each way, not including taxes and fees. Southwest serves 59 airports in 30 states, operating nearly 2,800 daily flights.
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