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Southwest Airlines-American Icon

President:

  • Gary C. Kelly

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.
Delta will wait for new planes to mature: CEO

Delta Air Lines is letting a wave of orders for the newest planes on the market roll by, giving the jets time to prove themselves before buying, its chief executive told Reuters on Wednesday.While other airlines have ordered more than 3,000 of the next generation narrow-body models, the Boeing 737 MAX and the Airbus A320neo, Delta says it is playing it safe."We'd rather get toward the end of a production line" and buy the jet after it has the kinks worked out and has been lengthened to hold more passengers, Chief Executive Officer Richard Anderson said in an interview at Reuters' New York headquarters.The economics of stretched planes, he said, "are always better than the original economics."Delta stands out its willingness to take a different tack than its rivals. On Friday, it will unveil a $1.2 billion overhaul and expansion of its passenger hub at New York's John F. Kennedy Airport that, along with new interiors on older jets, will make its offering more competitive in that key mar...

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  1. Southwest Profit Falls 40% amid Hedging Impacts

    Southwest Airlines Co.'s (LUV) first-quarter earnings fell 40% amid fewer hedging gains, though revenue improved.The largest carrier of domestic U.S. passengers is b...

  2. What It Takes to Be a Real CEO

    Never before in history have people been so divided about what it means to be a chief executive officer. As three letter acronyms go, CEO has got to be the most pola...

  3. Southwest Airlines Posts 4% Rise in March Traffic

    Southwest Airlines (NYSE:LUV) said its traffic rose 4% in March compared to last year, while passenger revenue per available seat mile remained level.Rival airlines ...

  4. Can JetBlue Continue to Stand Out?

    JetBlue Airways Corp caught the airline industry's attention just over a decade ago with low fares and a customer-centric culture. Now, it is under pressure to show ...

  5. Sky's the limit? Southeast Asia budget airlines bet big on growth

    Lion Air's record aircraft orders underline the ambitious plans the privately held Indonesian group is hatching to emerge as a pan-Asian low cost carrier, throwing a...

  6. ANA wants Boeing cash, rather than discounts, for 787 grounding: source

    All Nippon Airways <9202.T>, the biggest customer for Boeing Co's 787 Dreamliner, wants the planemaker to compensate it in cash, rather than discounts on future purc...

  7. Lawmakers worry about fare hikes at airline merger hearing

    Lawmakers discussing the US Airways Group plan to merge with AMR Corp, parent to American Airlines, asked CEOs from the two companies repeatedly on Tuesday if the de...

  8. Analysis: Can U.S. airlines attract investors with better returns?

    U.S. airline stocks, long derided as investment duds, have been gaining altitude in recent years. Now, some see room for them to fly even higher.Recent mergers have ...

  9. Carlos Slim Worth $73B, Tops Forbes Billionaires List

    Forbes Media Editor Steve Forbes on the list of the 200 wealthiest people in the world.

  10. Southwest Expects Increase in Key Revenue Measure

    Southwest Airlines Co said it expects a key revenue measure to rise in the low-single-digit percentage range for both the month of February and the first quarter.Chi...

  11. Intriguing ways to motivate your employees

    Dr. Michael 'Woody' Woodward discusses how you can make your staff more productive

  12. Why Employee Ownership Matters

    Just last week, I watched movers wreak havoc on my furniture while moving it out of my apartment. As they tossed around my personal belongings like fish at a Seattle...

  1. U.S. airline group sees pickup in summer air passengers

    More people will likely fly this summer compared with a year ago as U.S. airlines gain a record level of international passengers, an industry association said on Th...

  2. U.S. airline group forecasts pickup in summer air passengers

    More people will likely fly this summer compared with a year ago as U.S. airlines gain a record level of international passengers, an industry association said on Th...

  3. Southwest CEO Says All You Need Is LUV

    Southwest Airlines Co. has been profitable for 40 straight years.Unlike every other major carrier, it has never filed bankruptcy. It has never sacked employees with ...

  4. Southwest Air boosts dividend, revises plane deliveries

    Southwest Airlines Co on Wednesday announced a boost in its dividend and its share repurchase program and said it is changing some plane orders and deliveries.The di...

  5. Southwest Airlines Lifts Dividend, Share Buyback Authorization

    Southwest Airlines Co.'s (LUV) board has quadrupled its quarterly dividend and raised the carrier's share buyback authorization by 50% in an effort to return value t...

  6. Southwest Airlines Boosts Dividend

    Southwest Airlines Co (NYSE:LUV) on Wednesday announced a boost in its dividend and its share repurchase program and said it is changing some plane orders and delive...

  7. GM spending $1.3 billion to create Cadillacs, jobs in China

    Bailout dollars better spent creating American jobs?

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