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 LUV Declares $0.0045 Quarterly Dividend; 0.2% Yield
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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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Sector Snap: Airline stocks fall
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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. - All News and Analysis
Loud toddler kicked off Southwest Airlines flight
BNET
- 2009-11-02
Various media have reported in recent days that a San Jose toddler and his mother were taken off an Oct. 26 flight departing Amarillo for San Jose because the toddler was screaming too loud. Subsequently, the airline apologized to the family, sort of, as the ...
Fares drop as low as $25 each way as Southwest, AirTran roll out fare sales
BNET
- 2009-10-27
Southwest and AirTran each launched broad fare sales this morning, with fares dropping to as low as $25 each way on some Southwest flights. Both airlines' sales cover flights into February, though there are the usual blackout dates around the Thanksgiving, Christmas and New Year's Day holidays. Long-time fare-watcher Tom Parsons...
Southwest to serve new Florida airport, will be reimbursed for losses
BNET
- 2009-10-21
Southwest Airlines yesterday announced it will launch service at the new Northwest Florida-Panama City International Airport next May, operating at least two daily flights to four undisclosed destinations. The airport, slated to open May 18, is being built on land donated by St. Joe Co., Florida's second-largest landowner and a...
Southwest first to serve new northwest Florida airport
BNET
- 2009-10-21
Southwest Airlines has become the first carrier to commit to a service launch from an airport under construction near Panama City, Florida. Carrier CEO Gary Kelly today during the annual Southwest media day explained the airline plans launch service in May 2010 using a three-year revenue guarantee from Florida real...
Southwest?s Ratings Go South
Seeking Alpha
- 2009-10-19
Zacks.com submits: Standard & Poor's Ratings Services has lowered its ratings on Southwest Airlines Co. LUV, lowering the debt ratings to 'BBB' from 'BBB+’ and placing it with negative implications. However, Southwest has retained its investment grade rating. The downgrade reflects lower operating cash flow caused by record...
Southwest Airlines Q3 2009 Earnings Call Transcript
Seeking Alpha
- 2009-10-15
Question-and-Answer Session Operator Operator Instructions We’ll take our first question from Duane Pfennigwerth with Raymond James. Duane Pfennigwerth - Raymond James Good morning. Just in terms of the revenue comparisons in the fourth quarter, at least on the numbers that we have, it seems like October was a pretty...
Southwest Airlines Beats on Lower Comps
Seeking Alpha
- 2009-10-15
Zacks.com submits: Southwest Airlines LUV reported an operating income of 3 cents per share, ahead of the Zacks Consensus Estimate of 2 cents per share. This was lower than the profit of 9 cents per share in the prior-year quarter. Passenger revenues decreased 7.8% to $2.6 billion from...
American Raises Fares, Others Follow
BNET
- 2009-10-15
While some are touting 2010 as the "Year of the Travel Deal," the truth may be a bit more complicated than that. While suffering hoteliers will decrease hotel rates and create more package deals, airlines are still finding new ways to create revenue. American Airlines raised fares $6...
Earnings Preview: Southwest Airlines
Seeking Alpha
- 2009-10-14
Southwest Airlines LUV is expected to report Q3 earnings Thursday, October 15 before the market open with a conference call scheduled for 11:30 am ET. Guidance Analysts are looking for EPS of (4c) on revenue of $2.54B. The consensus range for EPS is (9c)-(1c), and $2.51B-$2.57B for revenue, according...
The British Aren't Idiots? Time Will Tell
Seeking Alpha
- 2009-10-12
Jeff Moore submits: Apparently, the British government is selling off its assets, in order to fund more spending. My favorite quote from the article was this: Of course we're not going to sell at the bottom of the market ... we're not idiots. by Jeffrey Moore
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Southwest Airlines
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