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Founded | March 16, 1967 | ||||||
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Commenced operations | June 18, 1971 | ||||||
AOC # | SWAA304A | ||||||
Operating bases | |||||||
Frequent-flyer program | Rapid Rewards | ||||||
Fleet size | 707 (September 2016) | ||||||
Destinations | 101 | ||||||
Company slogan | "Low fares. Nothing to hide." | ||||||
Traded as | : LUV DJTA Component S&P 500 Component |
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Headquarters | Dallas, Texas, U.S. | ||||||
Key people |
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Revenue | US$ 19.82 billion (2015) | ||||||
Operating income | US$ 4.1 billion (2015) | ||||||
Net income | US$ 2.2 billion (2015) | ||||||
Total assets | US$ 21.312 billion (2015) | ||||||
Total equity | US$ 7.358 billion (2015) | ||||||
Employees | 53,072 (2016) | ||||||
Website | www |
Coordinates: 32°50′48″N 96°51′40″W / 32.8467°N 96.861°W
Southwest Airlines Co. (: LUV) is a major U.S. airline, the world's largest low-cost carrier, headquartered in Dallas, Texas.
The airline was established in 1967 by Herb Kelleher and adopted its current name (Southwest Airlines) in 1971. The airline has more than 53,000 employees as of October 2016[update] and operates more than 3,900 departures a day during peak travel season. As of 2014, it carried the most domestic passengers of any U.S. airline. As of July 2016, Southwest Airlines had scheduled services to 101 destinations in the United States and eight additional countries. Subject to requisite governmental approvals, service to Grand Cayman begins June 4, 2017, the same date service is scheduled to begin from Cincinnati.
Southwest Airlines has used only Boeing 737s, except for the period from 1979 to 1987 when it leased some Boeing 727s from Braniff International Airways. As of January 2016, Southwest is the largest operator of the Boeing 737 worldwide, with over 700 in service, each averaging six flights per day.