23 September, 2021
Southwest Airlines Continues Companywide Commitment Toward Diversity, Equity, and Inclusion
18 September, 2021
Southwest expands operations at Austin
With the population of Texas’ capital city continuing to grow, the U.S. budget carrier Southwest is introducing more services than ever before in central Texas. The low-fare airline plans to increase service on March 10, 2022, by more than 20 flights a day with nonstop service between Austin and nine new and returning destinations, as well as add additional frequencies on routes already served from the capital of Texas. In total, Southwest now will offer nonstop service between Austin and 46 destinations on up to 105 departures a day.
New Destinations
More Beaches, Please
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15 September, 2021
Leadership changes at U.S. budget airline Southwest
05 September, 2021
Southwest Airlines Donates $150,000 to Disaster Relief Organizations
Southwest Airlines now offering Rapid Rewards members a fast track way to A-List or A-List Preferred status
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21 August, 2021
Southwest Airlines reaches agreement with customer service union
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28 July, 2021
New deal with Sabre sees Southwest Airlines offering its flights on all three major global distribution systems - Sabre, Travelport and Amadeus
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25 July, 2021
Southwest Reports Second Quarter 2021 Results
- Southwest Second quarter net income of $348 million, or $.57 per diluted share, driven by a $724 million offset of salaries, wages, and benefits expenses related to the receipt of Payroll Support Program (PSP) proceeds under the Consolidated Appropriations Act, 2021 and American Rescue Plan Act of 2021
- Excluding special items¹, second quarter net loss of $206 million, or $.35 loss per diluted share
- Second quarter operating revenues of $4.0 billion, down 32.2 percent compared with second quarter 2019
- Generated second quarter operating cash flow of $2.0 billion and free cash flow¹ of $1.9 billion; achieved positive average daily core cash flow² in June
- Ended second quarter with liquidity³ of $17.9 billion, well in excess of debt outstanding of $11.4 billion
Gary C. Kelly, Chairman of the Board and Chief Executive Officer, stated, "Second quarter 2021 marked an important milestone in the pandemic recovery as leisure travel demand surged. We generated net income in June 2021, representing our first monthly profit without taking into account the benefit of temporary salaries and wages cost relief provided by PSP proceeds, since the negative effects of the pandemic began in March 2020. While the rapid ramp-up in June travel demand provided stability to our financial position, it has impacted our operations following a prolonged period of depressed demand due to the pandemic. Therefore, we are intensely focused on improving our operations as we restore our network to meet demand. I am beyond thankful for our People, who are heroes, and whose resiliency, hard work, and unwavering resolve is on display every day. I am pleased for them that we were able to accrue $85 million of profit-sharing for our Employees in the second quarter of 2021, for a total of $109 million in the first half of 2021.
"Compared to the last four quarters, second quarter 2021 operating revenues significantly improved, decreasing 32.2 percent compared with second quarter 2019. June 2021 operating revenues decreased 20.7 percent, compared with June 2019. Monthly operating revenue trends improved sequentially throughout the quarter. Leisure passenger traffic in June 2021 rebounded above June 2019 levels, while passenger fares were comparable with June 2019. Based on current bookings, leisure passenger traffic and fares in July are expected to trend higher than July 2019 levels. Business revenues continue to lag leisure revenue trends; however, we are encouraged by the improvement in business revenues in second-quarter of 2021, and we continue to experience steady weekly improvements in business bookings, thus far, in July 2021.
25 June, 2021
Southwest making top level changes.
15 June, 2021
Southwest at 50......new podcast recounting the company's colourful history
13 June, 2021
Southwest Airlines adds more flights and extends schedule to January 2022.
02 June, 2021
18th June is "Wanna Get Away Day" says Southwest Airlines in honour of 50th anniversary of first flight
07 May, 2021
Southwest Airlines donates to National Forest Foundation and launches the One Report in the spirit of citizenship
One Report Launch
01 May, 2021
Southwest Airlines Returns to Costa Rica
The biggest budget carrier in the U.S., Southwest Airlines has confirmed it will restart daily service to both international airports in Costa Rica: Liberia, Guanacaste (LIR), and the capital region, San Jose (SJO), next month.
Southwest resumes service to Central America nonstop from both Houston (Hobby) and Baltimore/Washington (BWI)New Southwest service links Denver nonstop to more coastal citiesAdditional Southwest service to Chicago (Midway & O'Hare), St. Louis, and Kansas City
26 April, 2021
Southwest's passengers can buy now and pay later......
Uplift’s flexible payment options are now available for Southwest Airlines flights to more than 100 destinations
Budget carrier Southwest reports its first quarter 2021 results - net loss of $1 Billion.
The leading U.S. budget carrier has released details of its operating performance in the first quarter of the year, recording a net loss of around $1billion. Total debts for the airline are in excess of $10 billion.
First quarter net income of $116 million, or $.19 per diluted share, driven by a $1.2 billionoffset of salaries, wages, and benefits expenses from the extended Payroll Support Program(PSP Extension) proceeds under the Consolidated Appropriations Act, 2021Excluding special items, first quarter net loss of $1.0 billion, or $1.72 loss per diluted shareFirst quarter operating revenues of $2.1 billion, down 51.5 percent year-over-yearEnded first quarter with debts outstanding of $10.8 billion
24 April, 2021
Phillips 66 and Southwest Airlines collaborate to advance sustainable aviation fuel
09 April, 2021
Boeing 737 MAX grounded over electrical issues
08 April, 2021
Southwest Airlines Cargo gets top honour from Airforwarders Association for the 12th consecutive year
02 April, 2021
Southwest Pilot gets married.........during a flight
Photo Southwest Airlines |
Photo Southwest Airlines |
Photo Southwest Airlines |