LUV - Southwest Airlines Co

Company Overview

Name

Southwest Airlines Co

Tickers

LUV

Exchanges

NYSE

Employees

74806

Founded

1967

Sector Information

Other Information

CIK

92380

Category

Large accelerated filer

1-Line Summary

Southwest Airlines is a leading U.S. carrier recognized for low fares, exceptional service, and a unique point-to-point flight model.

Company summary

Southwest Airlines Co. operates as a major passenger airline in the United States, offering scheduled air transportation to 121 destinations across 42 states and near-international locations. Known for its low fares and friendly service, it employs a unique point-to-point service model which allows for direct connections without the need for hubs that characterize many other airlines. The airline uses a single aircraft model, the Boeing 737, which simplifies operations and increases efficiency in terms of maintenance and scheduling. With a fleet of 817 aircraft as of December 2023, Southwest Airlines focuses on cost discipline, allowing it to provide affordable fares while maintaining a high frequency of flights.

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