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Wednesday, April 7, 2010 as of 11:14 AM ET

Southwest Airlines

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Southwest Airlines

Southwest is the United States' most successful low fare, high frequency, point-to-point carrier. Southwest operates more than 3,400 flights a day coast-to-coast, making it the largest U.S. carrier based on domestic passengers.

President:

  • Gary C. Kelly

Website:

Approximate Net Worth:

  • $23 million

Number of Employees

  • 35,000

World Presence:

  • Southwest operates 550 Boeing 737 aircraft among 72 cities.

Fun Fact:

  • Southwest was featured prominently in the "How'd They Do That" episode of the hit ABC primetime television show, "Extreme Makeover: Home Edition." Due to the partnership with the show, the airline donated several plane parts to be used in a teenager's airplane-theme room. Thirty mechanics, flight attendants, and pilots pitched in to build the boy's room.

Related Topics

  1. Southwest Airlines-American Icon
  2. Gary Kelly
  3. Airtran Holdings
  4. Ryanair
  5. Air Canada
  6. Spirit Airlines
Get updates on Southwest Airlines
Delta Air To Sublease Southwest's Boeing 717 Fleet

Delta Air Lines Inc.

(DAL) will begin taking delivery of Boeing Co. (BA) 717 aircraft as early as 2013 and has agreed to sublease all 88 of Southwest Airlines Co.'s (LUV) Boeing 717s over three years.Delta reached a tentative labor agreement with the Delta Air Line Pilots Association. The contract, which covers more than 12,000 Delta pilots, will be presented for ratification through June 30.The agreement modifies the profit-sharing program for pilots to 10% of profits from 15% on the first $2.5 billion of profits, effective Jan. 1. The plan will continue to pay 20% of profits above $2.5 billion.A voluntary early-retirement option recently offered to Delta's other employee groups will also be available to Delta pilots upon ratification of the tentative agreement.If ratified, the agreement will accelerate Delta's domestic fleet restructuring strategy.To that end, Delta said it will lease 88 Boeing 717 aircraft currently in service at Southwest's AirTran Airways Inc. unit, primarily to r...

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