Originally posted by sorchamac
And you know, I sleep better knowing my reservations are with one of the few airlines actually making a profit, rather than those close to Chapter 11.
Sorcha
I just wanted to add a bit of information to the discussion.
-- Steve
"Based on our current revenue and cost outlook and barring any unforeseen event, we expect third-quarter 2004 earnings to exceed third- quarter 2003 earnings of $106 million," Chief Executive Jim Parker said in a statement. (CNNMoney)
Southwest's profit stood in remarkable contrast to continuing losses at other major U.S. carriers. United Airlines is in bankruptcy, Delta Air Lines Inc. is fighting to avoid the same fate and other carriers are struggling with higher fuel costs and competition from low-cost carriers who are flooding the market with cheap fares. (David Koenig - Associated Press)
Yearend results for 2003 marked Southwest's 31st consecutive year of profitability. Southwest became a major airline in 1989 when it exceeded the billion-dollar revenue mark. (Southwest.com)
Southwest Airlines is a member of the FORTUNE 500. (Southwest.com)
Southwest has ranked number one in fewest Customer complaints for the last 13 consecutive years as published in the Department of Transportation's Air Travel Consumer Report. (Southwest.com)
For the eighth year in a row, FORTUNE magazine recognized Southwest Airlines in its annual survey of corporate reputations. (Southwest.com)
Among airlines, Southwest came out on top as the most admired airline in the world for 1997, 1998, 1999, 2000, 2001, 2002, and 2003. Among all industries in 2003, FORTUNE has listed Southwest Airlines as number two among Americas Top Ten most admired corporations. (Southwest.com)
The Economist Intelligence Unit honored Southwest Airlines at its "2002 Global Corporate Achievement Awards." The airline was recognized for its excellent financial strategy and its ability to adapt to change successfully in the face of strategic and operational challenges. The ranking is based on revenue growth, net earnings, market capitalization, earnings per share, and return on shareholders' equity. (Southwest.com)