Company
Southwest Airlines Co.
Headquarters: Dallas, TX, United States
Founded: March 15, 1967
Employees: 55,100
CEO: Mr. Robert E. Jordan
Market Cap
$17.10 Billion
USD as of July 1, 2024
Southwest Airlines Co. Categories
United States Industrials AirlinesUnited States Industrials United States Airlines
Top Competitors by Market Capitalization
Industry: Airlines
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|---|---|
| Delta Air Lines, Inc. | $29.70 B |
| Ryanair Holdings plc | $18.18 B |
| United Airlines Holdings, Inc. | $15.95 B |
| Singapore Airlines Ltd | $15.35 B |
| Air China Ltd | $13.74 B |
Sector:
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| General Electric | $178.42 B |
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| Schneider Electric | $138.86 B |
| Honeywell | $138.35 B |
Detailed Description
Southwest Airlines Co. operates as a passenger airline company that provide scheduled air transportation services in the United States and near-international markets. As of December 31, 2021, the company operated a total fleet of 728 Boeing 737 aircrafts; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 10 near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. It also provides inflight entertainment and connectivity services on Wi-Fi enabled aircrafts; and Rapid Rewards loyalty program that enables program members to earn points for dollars spent on Southwest base fares. In addition, the company offers a suite of digital platforms to support customers' travel needs, including websites and apps; and SWABIZ, an online booking tool. Further, it provides ancillary services, such as Southwest's EarlyBird Check-In, upgraded boarding, and transportation of pets and unaccompanied minors. The company was incorporated in 1967 and is headquartered in Dallas, Texas.
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Stocks & Indices
Southwest Airlines Co. has the following listings and related stock indices.
Stock: NYSE: LUV wb_incandescent
Stock: FSX: SWN wb_incandescent
Stock: XETR: SWN wb_incandescent
Key People
Founder(s): Herbert Kelleher Rollin King
Gary C. Kelly (Chairman) Bob Jordan (CEO) Mike Van de Ven (President & COO)
Financials
Revenue: US$21.965 billion (2018)
Operating income: US$3.206 billion (2018)
Net income: US$2.465 billion (2018)
Total assets: US$26.243 billion (2018)
Total equity: US$9.853 billion (2018)