BNET Industries

Southwest Airlines Co.

(LUV) is in the Travel Industry

Market Cap:$8.3B

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

www.southwest.c...

(214) 792-4000

Peer Companies

NAICS Code Scheduled Passenger Air Transportation: 481111

Company News

Recent Events

Million Air-Salt Lake City gets fueling contracts for airlines

12/19/09 - Joint Venture / Alliance - View Story
The Investment Opportunity of a Lifetime

12/18/09 - Bond / Stock Rating - View Story
The Greatest Stocks of the Next Generation

12/17/09 - Bond / Stock Rating - View Story
Southwest to fly out of P.C. to Baltimore, Orlando, Houston and Nashville

12/16/09 - Joint Venture / Alliance - View Story
Southwest Airlines November Traffic rises 11.7%, Load Factor climbs

12/04/09 - Financial Announcement - View Story
Southwest Airlines Declares 133rd Consecutive Quarterly Dividend

11/21/09 - Stock Split / Dividend - View Story
Concur's Fourth Quarter and Fiscal 2009 Results Exceed Expectations

11/17/09 - Joint Venture / Alliance - View Story
Southwest, TDC inks pact in Dallas

11/18/09 - Joint Venture / Alliance - View Story
Blackstone Group buys Southwest Airlines shares

11/17/09 - Merger / Acquisition - View Story
12 money-saving tips for renting a car

11/17/09 - Bond / Stock Rating - View Story
Blackstone Group buys Southwest Airlines shares

11/16/09 - Merger / Acquisition - View Story
US Airways, Southwest take different odds on Las Vegas flights

11/14/09 - Bond / Stock Rating - View Story
Trying to Understand Airline Executive Compensation

11/23/09 - Financial Announcement - View Story
Southwest Launches New Fare Sale

11/12/09 - Product Announcement - View Story
Southwest Airlines Green Plane

11/07/09 - Product Announcement - View Story
Southwest launches BWI-to-Milwaukee service

11/02/09 - Product Announcement - View Story
Southwest pilots ratify contract

11/02/09 - Legal Settlement - View Story
American exec named Lambert airport director

10/27/09 - Mgmt. Change Entering - Director - View Story

News & Analysis

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...

Tags: Transport, AMR Corp., Delta Air Lines Inc., US Airways Group Inc., Southwest Airlines Co., UAL Corp.
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...

Tags: UAL Corp., Transport, AirTran Holdings Inc., US Airways Group Inc., Southwest Airlines Co.
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...

Tags: Transport, AMR Corp., Continental Airlines Inc., Delta Air Lines Inc., US Airways Group Inc., Southwest Airlines Co., UAL Corp.
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...

Tags: Transport, AMR Corp., Continental Airlines Inc., Delta Air Lines Inc., US Airways Group Inc., Southwest Airlines Co., UAL Corp.
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...

Tags: Transport, AMR Corp., Continental Airlines Inc., Delta Air Lines Inc., JetBlue Airways Corp., US Airways Group Inc., Southwest Airlines Co., UAL Corp.

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...

Tags: American Airlines, carrier, Continental Airlines Inc., Delta Air Lines Inc., finance, Frontier, job, Manufacturing, Midwest, Northwest Airlines Corp., RPM, Southwest Airlines Co., United Airlines, US Airways Group Inc.
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...

Tags: American Airlines, Philadelphia, Quality, Southwest Airlines Co., United Airlines, US Airways Group Inc.
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...

Tags: American Airlines, FAA, Manufacturing, MARKETING, Southwest Airlines Co., US Airways Group Inc.
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...

Tags: Air Canada, American Airlines, carrier, Continental Airlines Inc., Delta Air Lines Inc., FINANCE, Hawaiian, Northwest Airlines Corp., revenue, Southwest Airlines Co., United Airlines, US Airways Group Inc.
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...

Tags: carrier, Continental Airlines Inc., Delta, Delta Air Lines Inc., FINANCE, Investment, merger, Midwest, Midwest Air Group Inc., Northwest Airlines Corp., revenue, Southwest Airlines Co., UAL Corp., United Airlines, US Airways Group Inc.