BNET Industries
Market Cap:$6.6B
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 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
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United may soon be feeling heat in Denver
News & Analysis
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southwest airlines co. and united airlines - All News and Analysis
Airline Finance News - North America
- 2008-10-13
Oct 13, 2008 U.S. carriers are going deeper than expected, according to OAG, and 33 airports around the country are expected to lose commercial service altogether. "The scale of the decline in the U.S. market is worse than the previous schedule analysis showed, with airlines taking 265,000 flights out...
Airline Finance News - North America
- 2008-09-08
Sep 8, 2008 Safety Compliance Gaps Noted For Some US Airlines. Three major airlines were among 11 US carriers that failed during an unprecedented industry review to demonstrate full compliance with government safety directives, regulators said on Friday. The Federal Aviation Administration did not disclose the carriers or their...
Airline Finance News - North America
- 2008-09-01
Sep 1, 2008 Air Canada Air Canada and Jazz flew a combined 5.02 billion RPMs in July, down 0.6% year-over-year, against a 2% fall in capacity to 6.05 billion ASMs. Load factor rose 1.2 points to 83%. Aug 28, 2008 American Airlines American, British Airways and...
Airline Finance News - North America
- 2008-07-14
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...
Air travelers irked: Lindbergh field passengers clearing many airline industry hurdles
- 2008-07-07
One day in early spring Dennis Lombardi thought he'd seen it all as far as airline industry woes go. When 2,500 American Airlines flights were canceled during a 72-hour Federal Aviation Administration audit in April, Lombardi's was one of them. As an executive with WD Partners of Columbus,...
Airline Finance News - North America
- 2008-06-23
Jun 23, 2008 The political debate over energy policy gained sharper partisan focus this week as President George W. Bush lined up with Republican presidential candidate John McCain in calling for more oil and gas exploration off the U.S. coasts and in oil-shale regions of the West. Democrats, meanwhile,...
Pratt & Whitney signs EcoPower contracts with United Airlines and Southwest Airlines
- 2008-06-12
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD
Airlines pass higher fuel costs to passengers
- 2008-05-23
Just in time for summer travel, airlines are getting socked with billions of dollars in higher fuel prices - and passengers will see all kinds of fees added to the cost of flying. A day after American Airlines said it would begin charging $15 for the first bag checked starting...
Airline Finance News - North America
- 2008-04-07
Apr 7, 2008 Aloha Airgroup, a closely held Hawaiian airline that filed for bankruptcy protection, ended service April 1 when it couldn't find a buyer or financing to stay in business. ATA Airlines, a Midwest carrier based in Indianapolis, shut down the following day when it sought bankruptcy protection,...
Aircraft News - North America
- 2008-03-24
Mar 24, 2008 Long-term viability of Predator program concerns Air Force. The Defense Department is pressuring the Air Force to increase the number of unmanned Predator aircraft in Iraq. Meanwhile, Air Force officials are concerned about the long-term viability of the program. Mar 23, 2008 Air Force plants...
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Southwest Airlines
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