Southwest Airlines - One of the Major Airlines of the United States

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I would like to introduce some unfamiliar companies that may be of some help to your investments.

The company I’m going to introduce is $Southwest Airlines(LUV)$ .

It went public in 1977.

​[Company Profile]

Southwest Airlines Co. (Southwest) operates Southwest Airlines, a passenger airline that provides scheduled air transportation in the United States and near-international markets.

The Company provides point-to-point service.

The Company offers ancillary services, such as Southwest's EarlyBird Check-In, upgraded boarding, and transportation of pets and unaccompanied minors, in accordance with Southwest's respective policies.

EarlyBird Check-In provides customers with automatic check-in and an assigned boarding position before general boarding positions become available.

It offers its fare products directly to customers through its Internet Website, Southwest.com.

It has approximately 728 Boeing 737 aircraft in its fleet and 121 destinations in 42 states, the District of Columbia, the Commonwealth of Puerto Rico, and ten near-international countries, such as Mexico, Jamaica, The Bahamas, Aruba, Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos.

[History & Events]

1967: Southwest Airlines was originally incorporated to serve three cities in Texas as Air Southwest on March 15, 1967.

1975: Expansion began in 1975 with new routes to cities throughout Texas.

1977: The company went public.

1985: Southwest paid US$60.5 million in stock and cash for Muse Air when Muse was on the verge of collapse in 1985.

1995: The company reached $2.8 billion in operating revenues, boasted its twenty-fifth year of posting a profit, and debuted Internet ticket sales.

2008: Southwest paid US$7.5 million to acquire certain assets from bankrupt ATA Airlines.

2010: Southwest announced that it would purchase all outstanding common stalk of AirTran, thus acquiring the carrier.

2020: The company lost $3.1 billion in 2020 as COVID-19 took its toll on the market.

[Main Business Segments]​

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​​​​​​​[Net Income & Total Revenue]​​

​​​​​​[Competitors]

$JetBlue Airways(JBLU)$

$Alaska Air(ALK)$

United Airlines Holdings (formerly known as United Continental Holdings)

$Delta Air Lines(DAL)$

# US Stocks Opportunities

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  • Svengers19
    ·2022-09-25
    Thanks for sharing
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  • 明明白白_1099
    ·2022-09-25
    👍🏻
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  • FALCON
    ·2022-09-24
    interesting
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  • rogerl
    ·2022-09-24
    like
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  • JosHi5
    ·2022-09-24
    ok
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