BNET Industries
Market Cap:$6.8B
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 us airways group inc. - All News and Analysis
Airlines Discover Supply & Demand
Seeking Alpha
- 2008-09-16
Joel West submits: United UAUA has increased its second bag fee from $25 to $50 — blaming falling fuel prices. Together American AMR and United had raised bag fees from $0 to $80 round trip, and now United wants to take that to $130 round trip for those bags...
Airline Stocks: Any Excuse To Fall
Seeking Alpha
- 2008-09-08
Mike Havrilla submits:Global Airline Index Statistics Top 5 Companies by Market Cap Top 5 Companies by 52-Week Stock Price DeclineShares of UAL UAUA were briefly halted for trading and grounded earlier today on an article from six years ago re-posted by the Florida Sun Sentinel newspaper on its website which...
Why Airline Stocks Are So Often Bad Investments
Seeking Alpha
- 2008-09-04
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
Seeking Alpha
- 2008-08-27
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...
The Airlines' Recent Death Defying Actions
Seeking Alpha
- 2008-08-07
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...
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...
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...
Philly Road Warrior: Fliers concerned, blase on plane-upkeep stories
- 2008-03-31
For the first time in years, aircraft maintenance has become a top-of-mind issue for some travelers. Interest was first piqued three weeks ago when the Federal Aviation Administration announced a record fine against Southwest Airlines for missing required inspections of some of its planes. Two weeks ago, the FAA ordered...
Airline Finance News - North America
- 2008-02-11
Feb 11, 2008 More carriers post strong January load factor, traffic data. Northwest Airlines said its January load factor increased from 77.9% a year ago to 79.3% last month. The airline also reported that January traffic increased 2.9% from year-ago levels. JetBlue Airways and Midwest Air Group also posted...
Airline Finance News - North America
- 2008-01-28
Jan 28, 2008 Airline executives see no sign of slowing economy. Airline executives say they are having a difficult time boosting fares to cover the soaring costs of jet fuel. Still, many executives say they see no sign of a recession in the U.S. economy. Some airlines have scaled...
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Glass Door
Southwest Airlines
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