Sunday, June 14, 2009
Stock price as of 6/12/09
Southwest stock dropped .03 to 6.61. It is a far cry from its 52-week high of 16.77. This is due to the June Unit Revenue expected decrease, threats of the H1N1 virus and rising fuel costs.
Fun Facts
Here are a few fun facts I found on the company's website:
*Southwest received 199,200 resumes and hired 3,350 new Employees in 2008.
*In 2008 Southwest served 55.2 million cans of soda, juices, and water; 12.4 million alcoholic beverages; 9.8 million bags of pretzels; 90.8 million bags of peanuts; 9 million snack boxes; and 32 million other snacks.
*Southwest consumed approximately 1.5 BILLION gallons of jet fuel in 2008.
*In 2008, Southwest moved 225 million pounds of cargo.
*The shortest daily Southwest flight is between Ft. Myers (RSW) and Orlando (MCO) (133 miles). The longest daily Southwest flight is between Baltimore (BWI) and San Diego (SAN) (2,295 miles).
*Southwest has 1,328 married couples. In other words, 2,656 Southwest Employees have spouses who also work for the Company.
*Southwest Airlines has consistently received the lowest ratio of complaints per passengers boarded of all Major U.S. carriers that have been reporting statistics to the Department of Transportation (DOT) since September 1987, which is when the DOT began tracking Customer Satisfaction statistics and publishing its Air Travel Consumer Report.
*The airline adopted the first profit-sharing plan in the U.S. airline industry in 1973. Through this plan and others, Employees own about eight percent of the Company stock.
*The airline is about 77 percent unionized.
*Southwest received 199,200 resumes and hired 3,350 new Employees in 2008.
*In 2008 Southwest served 55.2 million cans of soda, juices, and water; 12.4 million alcoholic beverages; 9.8 million bags of pretzels; 90.8 million bags of peanuts; 9 million snack boxes; and 32 million other snacks.
*Southwest consumed approximately 1.5 BILLION gallons of jet fuel in 2008.
*In 2008, Southwest moved 225 million pounds of cargo.
*The shortest daily Southwest flight is between Ft. Myers (RSW) and Orlando (MCO) (133 miles). The longest daily Southwest flight is between Baltimore (BWI) and San Diego (SAN) (2,295 miles).
*Southwest has 1,328 married couples. In other words, 2,656 Southwest Employees have spouses who also work for the Company.
*Southwest Airlines has consistently received the lowest ratio of complaints per passengers boarded of all Major U.S. carriers that have been reporting statistics to the Department of Transportation (DOT) since September 1987, which is when the DOT began tracking Customer Satisfaction statistics and publishing its Air Travel Consumer Report.
*The airline adopted the first profit-sharing plan in the U.S. airline industry in 1973. Through this plan and others, Employees own about eight percent of the Company stock.
*The airline is about 77 percent unionized.
Landing in LaGuardia
According to Southwest.com, ETA is 6/28/09. Southwest will offer tickets as low as $49 (Baltimore to Washington) from LGA. That's $20 less than its competitive substitute, Amtrak! The airline will also provide connecting service from LaGuardia to cities like Vegas, Seattle, and LA. Plans to add service to Boston's Logan airport this fall are also underway.
Our Mission
The Mission of Southwest Airlines since 01/88.
The mission of Southwest Airlines is dedication to the highest quality of Customer Service delivered with a sense of warmth, friendliness, individual pride, and Company Spirit.
To Our Employees
We are committed to provide our Employees a stable work environment with equal opportunity for learning and personal growth. Creativity and innovation are encouraged for improving the effectiveness of Southwest Airlines. Above all, Employees will be provided the same concern, respect, and caring attitude within the organization that they are expected to share externally with every Southwest Customer.
The mission of Southwest Airlines is dedication to the highest quality of Customer Service delivered with a sense of warmth, friendliness, individual pride, and Company Spirit.
To Our Employees
We are committed to provide our Employees a stable work environment with equal opportunity for learning and personal growth. Creativity and innovation are encouraged for improving the effectiveness of Southwest Airlines. Above all, Employees will be provided the same concern, respect, and caring attitude within the organization that they are expected to share externally with every Southwest Customer.
Tuesday, June 2, 2009
The truth about airlines
Click on the title: Interesting read...according to this article, Southwest will make about $.35/share on their $11B in revenues...may seem gloomy to most but its still nothing to sneeze at (bad grammer intended)
Welcome Aboard
This is not your everyday flight announcement...click the blog title to enjoy the show!
A dog's best friend
Southwest Airlines announced Friday that it will assess fees for small pets and unaccompanied minors on all future flights. So to save on some cash...leave Fido at home. (Click the blog title to follow the link to the article)
Brief Introduction to Southwest
CEO: Gary Kelly
Ticker: LUV
Closing price: 7.04
YTD performance: -21.81%
Revenue: $11.02B
Price Earning Comparison
LUV Sector S&P500
95.29 84.30 48.00
Ticker: LUV
Closing price: 7.04
YTD performance: -21.81%
Revenue: $11.02B
Price Earning Comparison
LUV Sector S&P500
95.29 84.30 48.00
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