IBISWorld - Industry Market Research, Reports, and Statistics (2024)

Southwest Airlines Co. - Overview

Brands

AirTran, Southwest

Description

Southwest Airlines is a public company headquartered in Texas with an estimated 79,244 employees. In the US, the company has a notable market share in at least one industry: Domestic Airlines, where they account for an estimated 11.0% of total industry revenue.

Company Details

Registered Name: Southwest Airlines Co.

Company Type: Operating

Exchange: NYSE

Headquarters: 2702 Love Field Dr Dallas TX 75235

Website: https://www.southwest.com/

Employees: 79244

Southwest Airlines Co. - Operating Industries and Main Competitors

  • pie_chart48111b - Domestic Airlines in the US
    • Southwest Airlines Co. Market Share: x.x%To view all of Southwest Airlines Co.'s operating industries and competitors, see purchase optionslock
    • Delta Air Lines, Inc. Market Share: x.x%To view all of Southwest Airlines Co.'s operating industries and competitors, see purchase options.lock
    • American Airlines Group Inc. Market Share: x.x%To view all of Southwest Airlines Co.'s operating industries and competitors, see purchase options.lock
    • United Airlines Holdings, Inc. Market Share: x.x%To view all of Southwest Airlines Co.'s operating industries and competitors, see purchase options.lock
    • AAAAAAA - AAAAAAAA Market Share: x.x%

error_outline To view all of Southwest Airlines Co.'s operating industries and competitors, see purchase options.

Southwest Airlines Co. - Products and Services

  • Domestic Airlines in the US

  • Of the 4 core revenue-generating products and services in the Domestic Airlines in the US industry, Southwest Airlines Co. offers:
    • Cargo transportation
    • Mainline passenger transportation
    • Regional passenger transportation
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Southwest Airlines Co. - Analyst Insights

Southwest Continues Sustainability Efforts with 15-Year Agreement for Aviation Fuel

In November 2021. Southwest announced it had entered into a 15-year agreement with Velocys Renewables LLC (Velocys) for 219 million gallons of sustainable aviation fuel. Velocys stated that for the duration of the contract it will be able to produce the equivalent of 575 million gallons of net zero fuel and reduce CO2 by 6.5 million metric tons. Southwest anticipates purchasing fuel as early as 2026 from Velocys’s Mississippi facility. This agreement is integral to Southwest’s long term sustainability goal of replacing 10.0% of total jet fuel with sustainable aviation fuel by 2030.

COVID|New Activity|ESG

In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Southwest Airlines Co. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Southwest Airlines Co.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Domestic Airlines in the US industry.

Strengths

Days Receivables: x.x%

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Rank: 2 of 3 peers

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Annual Turnover: x.x%

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Rank: 2 of 3 peers

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

Weaknesses

Credit Risk: x.x%

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Rank: 2 of 3 peers

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

Revenue per Employee: $xx

Purchase a membership to unlock the full SWOT analysis of this company.

lock

Rank: 2 of 3 peers

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

Opportunities
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Threats
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Southwest Airlines Co. - Financial Statements & Ratios

pie_chartSouthwest Airlines Co. Income Statement

BALANCE DATE12/31/202312/31/202212/31/202112/31/202012/31/201912/31/2018
Revenue26,091.023,814.015,790.09,048.022,428.021,965.0
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
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pie_chartSouthwest Airlines Co. Balance Sheet

BALANCE DATE12/31/202312/31/202212/31/202112/31/202012/31/201912/31/2018
Cash and Equivalents9,288.09,492.012,480.011,063.02,548.01,854.0
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartSouthwest Airlines Co. Cash Flow

BALANCE DATE12/31/202312/31/202212/31/202112/31/202012/31/201912/31/2018
Net IncomeN/AN/AN/AN/AN/AN/A
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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IBISWorld - Industry Market Research, Reports, and Statistics (2024)
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