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Southwest Airlines (LUV) Company Profile

Updated Dec 2, 2019
Southwest Airlines has the following business profile:
Company's Full Name:Southwest Airlines
Short Name:Southwest Airlines
Trading Ticker Symbol:LUV
Primary Exchange:NYSE
Headquarter City/Country:Dallas, Texas
Primary Industry Sector:Transportation
Seconday Sub-sector:Air Freight Delivery Services
Main Business Areas: Transportation, Air Freight Delivery Services, Air Freight, Industrials, Airlines
Dividend Payments:Dividend History

Market and Trading Information for Southwest Airlines

The following details were available for trading and market data about the stock of Southwest Airlines as of writing:
Current Share Price:$56.72
Previous Year's Closing Price:$46.48
Percentage Price Change (YTD):22.03%
Market Cap:$29.85 billion
52-week Price Range:$44.28 - $58.77
Dividend Per Share:$0.68
EPS (TTM):4.45
Price-Earnings (Trailing):12.73
Price-Earnings (Forward):11.44

Company Profile and Business Description for Southwest Airlines

Southwest Airlines Co. (Southwest), incorporated on March 9, 1967, operates Southwest Airlines, a passenger airline that provides scheduled air transportation in the United States and near-international markets. Southwest provides point-to-point service. As of December 31, 2016, Southwest operated a total of 723 Boeing 737 aircraft and served 101 destinations in 40 states, the District of Columbia, the Commonwealth of Puerto Rico, and eight near-international countries: Mexico, Jamaica, The Bahamas, Aruba, Dominican Republic, Costa Rica, Belize and Cuba. During the fiscal year ended December 31, 2016, the Company commenced international service out of Los Angeles International Airport by introducing service to Liberia, Costa Rica, and later to three airports in Mexico's coastal regions: Cancun, San Jose del Cabo/Los Cabos and Puerto Vallarta. Southwest bundles fares into three categories: Wanna Get Away, Anytime and Business Select.

The Company offers ancillary service offerings, such as Southwest's EarlyBird Check-In and transportation of pets and unaccompanied minors, in accordance with Southwest's respective policies. EarlyBird Check-In provides customers with automatic check-in before general boarding positions become available, improving customers' seat selection options. Southwest's Pet Policy provides customers an opportunity to bring a small cat or dog into the aircraft cabin. Southwest offers inflight satellite-based wireless fidelity (WiFi) service on all of its 737-700 and 737-800 aircraft. Southwest's customers with small portable electronic devices are able to utilize the airline's onboard WiFi from gate-to-gate when traveling on a Southwest WiFi-enabled aircraft. Southwest's onboard entertainment options on WiFi-enabled aircraft for viewing on customers' personal wireless devices include free access to Southwest's live and on-demand television product. As of December 31, 2016, the television product consisted of approximately 20 live channels and up to 75 on-demand recorded episodes from popular television series. Southwest also provides movies-on-demand, and also offers a Messaging-only option, including all WiFi-enabled stops and connections. The Messaging service allows access to iMessage and pre-downloaded applications for Viber and WhatsApp.

Southwest's Rapid Rewards frequent flyer program enables program members (Members) to earn points for every dollar spent on Southwest fares. The amount of points earned under the program is based on the fare and fare class purchased, with higher fare products earning more points than lower fare products. Each fare class is associated with a points earning multiplier, and points for flights are calculated by multiplying the fare for the flight by the fare class multiplier. Likewise, the amount of points required to be redeemed for a flight is based on the fare and fare class purchased. Under the program, Members are able to redeem their points for every available seat, every day and on every flight. Under the program, Members continue to accumulate points until the time they decide to redeem them. Members can also earn points through qualifying purchases with Rapid Rewards Partners, as well as by using Southwest's co-branded Chase Visa credit card. In addition, holders of Southwest's co-branded Chase Visa credit card are able to redeem their points for items other than travel on Southwest, such as international flights on other airlines, cruises, hotel stays, rental cars, gift cards, event tickets, and more. In addition to earning points for revenue flights and qualifying purchases with Rapid Rewards Partners, Members also have the ability to purchase, gift and transfer points, as well as the ability to donate points to selected charities.

Southwest's Rapid Rewards frequent flyer program features tier and Companion Pass programs for the Members, including A-List and A-List Preferred status. The Company's Internet Website, Southwest.com, is the avenue for Southwest customers to purchase and manage travel online. Customers' trips can be planned and managed directly from the Southwest.com home page. The My Account section of the Website provides a detailed view into a customer's travel and loyalty activity. Southwest.com provides information on the Company's fare and ancillary products. In addition, Southwest.com and Swabiz.com (the Company's business travel reservation Web page) are available in a translated Spanish version, which provides Customers preferring to transact in Spanish. Additionally, Southwest offers customers a mobile Website and applications (iPhone operating system (iOS) and Android) to provide customers the ability to transact with Southwest anytime they have access to their mobile device.

Southwest either leases or pays a usage fee for terminal passenger service facilities at each of the airports it serves, to which various leasehold changes have been made. The Company leases the land and/or structures on a long-term basis for its aircraft maintenance centers (located at Dallas Love Field, Houston Hobby, Phoenix Sky Harbor, Chicago Midway, Hartsfield-Jackson Atlanta International Airport, and Orlando International Airport), and its flight training center at Dallas Love Field. The Company also leases a warehouse and engine repair facility in Atlanta. As of December 31, 2016, the Company operated seven customer support and services call centers. The Company owns its Houston and Phoenix centers.

The Company competes with American Airlines, Delta Air Lines, Inc. and United Airlines.

2702 Love Field Dr

Peer / Competitor Companies of Air Freight Delivery Services Sector

Along with Southwest Airlines, the following other peer (competitor) companies also exist within the same Air Freight Delivery Services - Transportation sector whose company profile and dividend history is as follows:

▶ Air T (AIRT): Air T, Inc., incorporated on November 17, 1980, is a holding company. The Company operates through five segments: overnight air cargo, ground equipment sales, ground support services, printing equipment and ....See Detailed Company Profile  and Dividend History.

▶ Air Transport (ATSG): Air Transport Services Group, Inc. (ATSG), incorporated on September 5, 2007, is a holding company. The Company provides airline operations, aircraft leases, aircraft maintenance and other support services primarily to ....See Detailed Company Profile  and Dividend History.

▶ Alaska Air (ALK): Alaska Air Group, Inc., through its subsidiaries, provides passenger and cargo air transportation services. The company operates through three segments: Mainline, Regional, and Horizon. It has a netwo....See Detailed Company Profile  and Dividend History.

▶ Allegiant Travel (ALGT): Allegiant Travel Company, a leisure travel company, focuses on the provision of travel services and products to residents of under-served cities in the United States. The company offers scheduled air ....See Detailed Company Profile  and Dividend History.

▶ American Airlines (AAL): American Airlines Group Inc., incorporated on February 16, 1982, is a holding company. The Companys primary business activity is the operation of a network air carrier, providing scheduled air transportation ....See Detailed Company Profile  and Dividend History.

▶ Avianca (AVH): Avianca Holdings SA is a Panama-based company engaged, through its subsidiaries, in the provision of air transportation services for passengers and commercial purposes. The Company was originally established as a ....See Detailed Company Profile  and Dividend History.

▶ China Eastern Airlines (CEA): China Eastern Airlines Corporation Limited, together with its subsidiaries, operates in the civil aviation industry in the People's Republic of China and internationally. The company offers passenger,....See Detailed Company Profile  and Dividend History.

▶ China Southern Airlines (ZNH): China Southern Airlines Company Limited, incorporated on March 25, 1995, is engaged in airline operations. The Company also operates certain airline related businesses, including provision of aircraft maintenance and air ....See Detailed Company Profile  and Dividend History.

▶ Controladora Vuela (VLRS): Controladora Vuela Compania de Aviacion SAB de CV (Volaris Aviation Holding Company) is a Mexico-based company principally engaged in the airline passenger transportation industry. The Company is a law-cost carrier ....See Detailed Company Profile  and Dividend History.

▶ Copa (CPA): Copa Holdings, S.A., incorporated on May 6, 1998, is a provider of airline passenger and cargo service through its principal operating subsidiaries, Compania Panamena de Aviacion, S. A. (Copa Airlines) ....See Detailed Company Profile  and Dividend History.

▶ Delta Air Lines (DAL): Delta Air Lines, Inc., incorporated on March 16, 1967, provides scheduled air transportation for passengers and cargo throughout the United States and across the world. The Companys segments include Airline ....See Detailed Company Profile  and Dividend History.

▶ FedEx (FDX): FedEx Corporation (FedEx), incorporated on October 2, 1997, provides a portfolio of transportation, e-commerce and business services through companies competing collectively, operating independently and managed collaboratively, under the FedEx brand. ....See Detailed Company Profile  and Dividend History.

▶ Gol Linhas Aereas (GOL): GOL Linhas AĆ©reas Inteligentes S.A. provides scheduled air transportation services for passengers cargoes, and mailbags in Brazil and internationally. The company operates through Flight Transportati....See Detailed Company Profile  and Dividend History.

▶ Hawaiian (HA): Hawaiian Holdings, Inc., through its subsidiary, Hawaiian Airlines, Inc., engages in the scheduled air transportation of passengers and cargo. The company offers daily services on North America routes....See Detailed Company Profile  and Dividend History.

▶ JetBlue Airways (JBLU): JetBlue Airways Corporation, incorporated on August 24, 1998, is a passenger carrier company. The Company provides air transportation services across the United States, the Caribbean and Latin America. The Companys ....See Detailed Company Profile  and Dividend History.

▶ LATAM Airlines (LFL): LATAM Airlines Group S.A., incorporated on August 20, 1985, is a Chile-based air transport company. The Companys principal business is passenger and cargo air transportation, both in the domestic markets ....See Detailed Company Profile  and Dividend History.

▶ Ryanair (RYAAY): Ryanair Holdings plc (Ryanair Holdings), incorporated on June 5, 1996, is a holding company for Ryanair Limited (Ryanair). Ryanair operates an ultra-low fare, scheduled-passenger airline serving short-haul, point-to-point routes between ....See Detailed Company Profile  and Dividend History.

▶ SkyWest (SKYW): SkyWest, Inc., incorporated on March 2, 1972, through its subsidiaries, SkyWest Airlines, Inc. (SkyWest Airlines) and ExpressJet Airlines, Inc. (ExpressJet), operates regional airline operations in the United States. The Companys ....See Detailed Company Profile  and Dividend History.

▶ Spirit Airlines (SAVE): Spirit Airlines, Inc., incorporated on March 8, 1994, is an airline company. The Company provides air transportation for passengers. As of December 31, 2016, the Companys all-Airbus Fit Fleet operated ....See Detailed Company Profile  and Dividend History.

▶ United Continental (UAL): United Continental Holdings, Inc. (UAL), incorporated on December 30, 1968, is a holding company and its principal subsidiary is United Air Lines, Inc. (United). The Company transports people and cargo ....See Detailed Company Profile  and Dividend History.

... See Full List of All Stocks of Air Freight Delivery Services Sector.

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