in

The nation’s largest low-cost airline: Southwest Airlines (LUV) (1967)

Southwest Airlines Co. (NYSE: LUV) was founded in 1967 and is headquartered in Dallas, Texas, with 61,118 full-time employees. It is a domestic airline that mainly provides short-haul, high-frequency, point-to-point intercity direct flights. The company provides flight services throughout the United States. It is the largest budget airline in the United States.

Southwest Airlines Logo

Southwest Airlines (LUV):

Southwest Airlines was founded on June 18, 1971 by Rollin King and Herb Kelleher. Many of the company’s practices were considered “irregular” by many airlines. For a long time China has been dismissed by other airlines. However, Southwest Airlines has rapidly expanded and developed, becoming an airline dominated by inter-city routes in the United States, and has created a number of US civil aviation industry records: the highest net profit growth rate, lower debt operating ratio, and the United States credit rating The highest in the civil aviation industry.

On September 27, 2011, Southwest Airlines invested 1.4 billion US dollars to acquire another low-cost airline, Turan Airways (also: AirTran Airways, established in June 1993, and merged with Valuj Airlines in July 1997). Since then, Southwest Airlines (LUV) has become the largest budget airline in the United States.

As of December 31, 2015, Southwest Airlines operated 704 Boeing 737 aircraft. The company supplied 40 U.S. states, the District of Columbia, Puerto Rico, and 7 nearby countries (Mexico, Jamaica, Bahamas, Aruba, Dominican Republic, Costa Rica). And Belize) in a total of 97 cities.

As of December 31, 2019, Southwest Airlines operated a total of 747 Boeing 737 aircraft; serving 40 U.S. states, the District of Columbia and the Commonwealth of Puerto Rico, as well as 101 international destinations, including Mexico, Jamaica, Bahamas, Aruba, Dominica Republic, Costa Rica, Belize, Cuba, Cayman Islands, Turks and Caicos Islands.

Southwest Airlines

In addition to air passenger transportation, Southwest Airlines also provides value-added services such as car rental, hotels, restaurants and retail stores.

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all Intels

The largest independent medical laboratory in the United States: LLaboratory Corporation of America Holdings (LH) (1971)

REIT company: Kimco Realty Corporation (KIM) (1966)