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Southwest Airlines

Southwest Airlines is an American airline company that offers passenger and freight transportation services. Read more

Gary C. Kelly's photo - Chairman & CEO of Southwest Airlines

Chairman & CEO

Gary C. Kelly

CEO Approval Rating

82/100

Founded:

1967

Status:

PublicIndependent CompanyNYSELUV

SOUTHWEST AIRLINES TOP COMPETITORS OR ALTERNATIVES

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American Airlines is Southwest Airlines's biggest rival. American Airlines was founded in 1930, and is headquartered in Fort Worth, Texas. Like Southwest Airlines, American Airlines also works within the Airlines sector. American Airlines generates $6B more revenue vs. Southwest Airlines.

Delta Air Lines Inc is one of Southwest Airlines's top competitors. Delta Air Lines Inc's headquarters is in Atlanta, Georgia, and was founded in 1924. Like Southwest Airlines, Delta Air Lines Inc also works within the Airlines sector. Delta Air Lines Inc generates 184% of Southwest Airlines's revenue.

United Airlines is seen as one of Southwest Airlines's top competitors. United Airlines is a Public company that was founded in 1926 in Chicago, Illinois. United Airlines operates in the Airlines industry. Compared to Southwest Airlines, United Airlines has 15,600 more employees.

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Southwest Airlines Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$6.9B

Southwest Airlines's revenue is the ranked 6th among it's top 10 competitors. The top 10 competitors average 5.9B. Over the last four quarters, Southwest Airlines's revenue has grown by 103.6%. Specifically, in Q1 2021's revenue was $2.1B; in Q4 2020, it was $2.2B; in Q3 2020, it was $1.6B; in Q2 2020, Southwest Airlines's revenue was $1B.

Southwest Airlines Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

ATA Airlines Inc.

Dec 2008

Source »
$7.5M
-

-

Morris Air

Jan 1992

Source »
$134M
-

-

Muse Air

Jan 1985

Source »
$60.5M
-

These are all the companies that Southwest Airlines has acquired. Southwest Airlines has acquired 3 companies and its latest acquisition was ATA Airlines Inc. in Dec 2008.

Southwest Airlines Funding History

Since Southwest Airlines was founded in 1967, it has participated in 2 rounds of funding. In total Southwest Airlines has raised $7.7M. Southwest Airlines' last funding round was on Jun 1971 for a total of $7.2M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Jun 1971
$7.2M
-
Seed
Apr 1967
$560K
-

Since Southwest Airlines was founded in 1967, it has participated in 2 rounds of funding. In total Southwest Airlines has raised $7.7M. Southwest Airlines' last funding round was on Jun 1971 for a total of $7.2M

Southwest Airlines Investments

No recent investments found related to Southwest Airlines

These are all the companies that Southwest Airlines has invested in. Southwest Airlines has invested 3 companies and its latest investment was ATA Airlines Inc. in Dec 2008.

Southwest Airlines News

June 16, 2021Zephyr Net

Southwest Airlines To Fly Over 9,000 737 MAX Flights In July

Southwest has scheduled the Boeing 737 MAX to operate over 9,000 flights next month, or about 9% of i... See more »
June 16, 2021Orlando Sentinel

Orlando hit hard after Southwest Airlines' 2nd day of technology problems

Southwest Airlines said on Tuesday it was working to restore normal operations after a technology-rel... See more »
June 16, 2021One News Page

Young Girl Hospitalized For Dehydration After Long Delays On Southwest Airlines Flight

Passengers nationwide are trying to rebook after technical issues at Southwest Airlines halted travel... See more »
June 16, 2021Engadget

Southwest Airlines' technical issues lead to 500 canceled flights

Southwest Airlines had thousands of delayed and canceled flights this week caused by a couple of tech... See more »
June 16, 2021CBS SACRAMENTO

Southwest Airlines Grounds Planes, Delays Flights At Sacramento Airport

A company spokesperson says the issues have been fixed. They also say Monday's and Tuesday's issues a... See more »
June 16, 2021One America News Network

Southwest cancels hundreds of flights after computer-related stoppage

By David Shepardson WASHINGTON (Reuters) - Southwest Airlines canceled nearly 300 flights Wednesday a... See more »
June 16, 2021The New York Times

Southwest Airlines Delays and Cancels Hundreds of Flights a Third Day

The headaches began with problems with a weather data supplier on Monday, then technical issues on Tu... See more »

Southwest Airlines Blogs

July 14, 2016Southwest Airlines Blog

Lone Star One … Back In The Saddle Again

Back in May, our first flagship aircraft Lone Star One (aircraft N352) completed a quarter century of... See more »
July 13, 2016Southwest Airlines Blog

Long Beach Beginnings

Many years ago, I took my first flight in an airplane in Grumman Goose from Long Beach airport out to... See more »
July 12, 2016Southwest Airlines Blog

LUV at 35,000: A Fairytale Flight

LUV is definitely in their air as wedding season hits full swing! This is especially true for two of ... See more »
July 11, 2016Southwest Airlines Blog

Inside the July Issue of Southwest: The Magazine

Other magazines are also celebrating the 100th anniversary of the National Park Service, but when we ... See more »
July 8, 2016Southwest Airlines Blog

Love Above All. #DallasStrong.

Our Hearts are heavy this week, but we remain committed to LOVE above all, and we ask you to commit t... See more »
July 8, 2016Southwest Airlines Blog

Green is Always in Season!

This past April, we held the first annual Billion Acts of Green challenge which encouraged Southwest ... See more »
July 7, 2016Southwest Airlines Blog

Now Book Flights through March 8, 2017

To everything, turn, turn, turn, there is a season, turn, turn, turn ... and the schedule for the Win... See more »

Southwest Airlines Press Releases

May 27, 2021Travel PR News

Southwest Airlines proudly supports State of Colorado's vaccination efforts

Post-vaccination celebration with Rapid Rewards points and Southwest Getaway Tunnel brought a portal ... See more »
May 12, 2021Travel PR News

Indy Airport welcomes Southwest Airlines' new Nonstops flights to Panama City and Miami

Nonstops to Panama City and Miami start this summer INDIANAPOLIS, IN, 2021-May-12 - /Travel PR News/ ... See more »
May 8, 2021Travel PR News

Southwest Airlines partners with National Forest Foundation to plant 50,000 trees to mark its 50th Anniversary

Carrier donates to National Forest Foundation and launches the Southwest Airlines One Report in the s... See more »
April 23, 2021PR Newswire

Leader Uplift Announces New Partnership With Southwest Airlines

MENLO PARK, Calif., April 23, 2021 /PRNewswire/ -- Uplift, the only enterprise Buy Now, Pay Later sol... See more »
April 16, 2021Travel PR News

Southwest Airlines to offer nonstop service between Eugene, Oregon and Las Vegas and Oakland

DALLAS, TEXAS, 2021-Apr-16 - /Travel PR News/ - Southwest Airlines Co. (NYSE: LUV) today (Apr 15, 202... See more »
April 10, 2021ePress Release

Is Southwest customer service 24 hours available?

Southwest is the major Airline of the United States & the world's largest low-carrier airline. Southw... See more »
April 2, 2021Travel PR News

Southwest Airlines launches fare sale as low as $49 one-way!

DALLAS, TEXAS, 2021-Apr-02 - /Travel PR News/ - Southwest Airlines Co. (NYSE: LUV) launched a fare sa... See more »

Southwest Airlines Videos

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Southwest Airlines Headquarters

2702 Love Field Drive

Dallas, Texas75235

800-435-9792

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Southwest Airlines Summary

ABOUT

Overview

Southwest Airlines is an American airline company that offers passenger and freight transportation services. Southwest Airlines was founded in 1967. Southwest Airlines' headquarters is located in Dallas, Texas, USA 75235. It has raised 7.7M in 2 round...

CEO

Southwest Airlines's Chairman & CEO, Gary C. Kelly, currently has an approval rating of 82%. Southwest Airlines's primary competitors are American Airlines, Delta Air Lines Inc & United Airlines.

Frequently Asked Questions about Southwest Airlines

  1. When was Southwest Airlines founded?

    Southwest Airlines was founded in 1967
  2. Who is Southwest Airlines's CEO?

    Southwest Airlines's CEO is Gary C. Kelly
  3. How much revenue does Southwest Airlines generate?

    Southwest Airlines generates $6.9B in revenue
  4. How much funding does Southwest Airlines have?

    Southwest Airlines has historically raised $7.7M in funding
  1. Where is Southwest Airlines's headquarters?

    Southwest Airlines's headquarters is in Dallas Texas, USA
  2. How many employees does Southwest Airlines have?

    Southwest Airlines has 58,800 employees
  3. What sector does Southwest Airlines operate in?

    Southwest Airlines is in Airlines
  4. Who are Southwest Airlines's competitors?

    Southwest Airlines's top competitors are American Airlines, Delta Air Lines Inc, United Airlines