BNET Industries
Southwest Airlines Co. (LUV) is in the Travel Industry
- Revenue
- Dec 31 2007
- $9.8B
- Profit
- Dec 31 2007
- $645.0M
- Market Cap
- Sep 03 2008
- $11.5B
Latest News and Analysis
Why Airline Stocks Are So Often Bad Investments
Saj Karsan submits: Warren Buffett is quoted as saying that the airline business in the US “has made no money.” Thanks to a forgettable investment Buffett had made in US Air LCC, he even went so far as to suggest a capitalist should have shot down the Wright brothers during...
Watching the Airline Stocks
Trader Mark submits: The darlings of the market just a few weeks ago, the airline stocks are now down 25-40% in a matter of 2 weeks from their peaks. These make for excellent hedges if you think oil is headed to sub $100 but even with a $10 spike in...
A Global Transport ETF Strategy
Mike Havrilla submits: Investors are currently limited to the iShares Dow Jones Transports IYT as a transport ETF option with net assets of $698 million and 20 component stocks (stats as of 8/8/08 from the iShares website). The top five holdings account for 43.2% of invested assets and include the...
The Airlines' Recent Death Defying Actions
Robert Herbst submits: Not long ago, daily media stories were predicting which major airline would be the first in line to fail. Las Vegas type odds were given to a list of inevitable airline bankruptcies. There should be no argument the US airline industry is facing unprecedented challenges as they...
Additional Resources
Southwest to trim 190 flights this winter
DALLAS -- Southwest Airlines Co., which had resisted the kinds of capacity cuts being made by other carriers, will eliminate nearly 200 flights early next year as it struggles with high fuel costs and a weakening economy. The move raised doubts about the company's publicly stated goal...
Southwest to shave 6% of flights
Southwest Airlines, which grew at double-digit rates for years, will downshift into slow reverse this January. The USA's leading discounter and most profitable airline said Tuesday that it will remove 196 daily flights from its schedule on Jan.11. It also will add six new flights, bringing...
Southwest Airlines scratching 14 flights from Baltimore/Washington
Beginning in January, Southwest Airlines Co. will scratch 14 daily nonstop flights departing from Baltimore, as part of a nationwide purge that eliminates nearly 200 daily flights during slower months. Southwest will scrap the "less popular" flights starting Jan. 11, dropping 196 from its schedule and adding...
DING! Southwest Airlines Celebrates One Year at SFO
Airline Offers San Francisco Travelers Special DING! Fare SAN FRANCISCO, Aug. 26 /PRNewswire-FirstCall/ -- Southwest Airlines and its San Francisco-based Employees are today celebrating the carrier's first year of resumed service at San Francisco International Airport SFO. SFO is one of three Bay Area airports Southwest...
Southwest Airlines offers San Francisco customers special fares to celebrate anniversary
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Southwest Airlines announced on 26 August that, in celebration of its first year operating out of San Francisco International Airport SFO, it will be offering discounted fares on travel out of SFO. The fares will be highlighted via the airline's...
New strategy VP for Southwest Airlines
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Southwest Airlines (NYSE: LUV) has announced the recent appointment of Kathleen Wayton and vice president, strategy and change leadership. Wayton will be responsible for the development and implementation of the company's strategic plan and will also lead change and improvement...
Southwest Airlines Announces New Vice President Strategy & Change Leadership
DALLAS, Aug. 25 /PRNewswire-FirstCall/ -- Southwest Airlines recently appointed Kathleen Wayton as Vice President Strategy and Change Leadership. In her new position, Wayton will be responsible for providing executive leadership and direction for the Company's Strategy, Change Leadership, and Portfolio Management Teams. For a photo, visit: http://gallery.swamedia.com/imageSingle/ImageID=SWA2008081252408/tpl2=images/t ype=jpg...
Seven Summits Research Releases Alerts on GS, DELL, BA, PNC, and LUV
CHICAGO, Aug. 19 /PRNewswire/ -- Seven Summits Research issues PriceWatch Alerts for key stocks. Seven Summits Strategic Investments' PriceWatch Alerts are available at http://www.iotogo.com/s/081908B (Note: You may have to copy this link into your browser then press the [ENTER] key.) Today's PriceWatch Alerts...
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...
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...
American Joins Southwest in FAA Dog House
The Federal Aviation Administration FAA intends to fine American Airlines a total of $7.1 million for allegedly flying jetliners that did not comply with maintenance requirements and for violating employee drug and alcohol testing procedures. The stiff fines follow a pending action in which Southwest...
Deserving Hispanic Students Receive Travel Awards From Southwest Airlines and the Hispanic Association of Colleges and Universities
70 exemplary Hispanic students will fly for free to their colleges this fall DALLAS, Aug. 18 /PRNewswire-FirstCall/ -- Southwest Airlines, in conjunction with the Hispanic Association of Colleges and Universities HACU, announced today the winners of "Lanzate", its annual educational travel award program. With more than...
Southwest Airlines Cargo Earns 2008 Quest for Quality Award
Southwest Airlines stands on the winner's podium for cargo business DALLAS, Aug. 18 /PRNewswire-FirstCall/ -- Southwest Airlines Cargo took home the gold today as Logistics Management ranked the airline number one among all air carrier Quest for Quality award winners. Southwest Airlines earned the highest scores in...
Southwest Airlines announces winners of annual educational travel award programme
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Southwest Airlines (NYSE: LUV) today (18 August) announced the results of its annual educational travel award programme, which is run in conjunction with the Hispanic Association of Colleges and Universities HACU. The competition is judged based on essays submitted by...
Southwest Airlines Names Chief Technology Officer
Bob Young Plugs In for Airline's Extensive Technology Projects DALLAS, Aug. 15 /PRNewswire-FirstCall/ -- Southwest Airlines announced today that Bob Young joins the Dallas-based airline as its new Vice President and Chief Technology Officer CTO. For a photo of Bob Young, please use this link...
Southwest Airlines announces new appointment
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Southwest Airlines has announced the appointment of Bob Young as vice president and chief technology officer. Young will take charge of the airline's Infrastructure teams. Previously, Young has worked for an electronics products company and was an officer...
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- Incorporated: 1967
- CEO: Mr. Gary C. Kelly
- Employees: 34,378
Southwest Airlines is a domestic airline that provides point-to-point, low-fare service. Co. serves 411 nonstop city pairs. In addition, Co. leases terminal passenger service facilities at each of the airports it serves, by which it leases land on a long-term basis for its maintenance centers at Dallas Love Field, Houston Hobby, Phoenix Sky Harbor, and Chicago Midway, its training center near Love Field, which houses seven 737 simulators, and its corporate headquarters, also located near Love Field. As of Dec 31 2007, Co. operated 520 Boeing 737 aircraft and provided service to 64 cities in 32 states throughout the U.S.
Key Competitors
Southwest Airlines Co. Company Info
Board of Directors
Mr. Gary C. Kelly
Chairman
Mr. David W. Biegler
Mr. Louis E. Caldera
Mr. C. Webb Crockett
Dr. William H. Cunningham Ph.D.
Mr. Travis C. Johnson
Ms. Nancy B. Loeffler
Mr. John T. Montford
Contact Information
P.O. Box 36611
Dallas, TX
214 792-4000