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Company Watch - Southwest Airlines.


Oct 23, 2006

Wright Amendment repeal, initiated with a June compromise struck by the cities of Dallas and Fort Worth, American Airlines American Airlines

Major U.S. airline. American was created through a merger of several smaller U.S. airlines and incorporated in 1934. It continued to buy the routes of other airlines, becoming an international carrier in the 1970s; its routes include South America, the
 and Southwest Airlines This article is about the American airline. For the former Japanese airline, see Japan Transocean Air. For the British airline, see Air Southwest.
Southwest Airlines Co.
 and introduced as legislation one month later, became US law Friday when President Bush signed a bill that will eliminate the restrictions in eight years and immediately allow Dallas Love Field This article is about the airport. For the neighborhood, see Love Field, Dallas, Texas (Neighborhood).

Dallas Love Field (IATA: DAL, ICAO: KDAL, FAA LID: DAL
 airlines to sell tickets to any city in the country as long as passengers stop over in one of the Wright states. The bill was sent to the White House following passage by the Senate on Sept. 29. A lawsuit by Love Terminal Partners, which owns the vacant Legend Airlines Legend Airlines was an airline that flew primarily from Love Field, Dallas, Texas, USA for a matter of months, during the year 2000. The airline filed for bankruptcy five years after it was formed as a corporate entity, its initial flights having been substantially delayed by court  terminal at Love, is pending. Oct 17, 2006

Southwest Airlines Targets Impulse Shoppers. Value conscious shoppers wishing they were somewhere else while waiting at the check-out now have a new option. Discount carrier Southwest Airlines on Wednesday said it will sell USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
$50 and USD$100 gift cards at stores operated by Wal-Mart, Kroger, Safeway, and Albertson's. Oct 20, 2006

Southwest Airlines yield and load factor drop, profits disappear at Jet Airways Jet Airways (India) Ltd. is an airline based in Mumbai, India, operating domestic and international services. It operates over 330 daily flights to 50 destinations across the country and 6 overseas. . Dramatic capacity increases and a "softening yield environment" resulted in another difficult quarter for India's Jet Airways, which reported a loss after tax of INR INR

In currencies, this is the abbreviation for the Indian Rupee.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
551 million ($12.1 million) in the second fiscal period ended Sept. 30 compared to a INR686 million profit in the year-ago quarter. Oct 20, 2006

Southwest's third-quarter profit plummets 77%. Southwest Airlines yesterday cited a $40 million revenue reduction related to the August terrorist threat, special charges and "an overall softening in demand for air travel" as reasons for a 77.1% plunge in third-quarter profit to $48 million from net income of $210 million in the year-ago quarter. Oct 20, 2006

Southwest Airlines Q3 Earnings Fall. Budget carrier Southwest Airlines said third-quarter earnings fell as security concerns led to softer demand. Oct 19, 2006

Southwest's third-quarter profit plummets 77%. Southwest Airlines yesterday cited a $40 million revenue reduction related to the August terrorist threat, special charges and "an overall softening in demand for air travel" as reasons for a 77.1% plunge in third-quarter profit to $48 million from net income of $210 million in the year-ago quarter. Oct 19, 2006

Southwest Airlines began selling gift cards through its web site last November, but is now for the first time distributing the cards through retail stores in an effort to reach customers who may be unfamiliar with the airline, company spokeswoman Edna Ruano said. The gift cards, which will be in 47,000 stores by the end of 2006, will be displayed by the checkout or in the greeting cards See e-card.  section, Southwest said. Oct 18, 2006

Southwest Airlines is not alone in selling gift cards. American Airlines also has a gift-card program, as does US Airways, which sells its gift cards at 7-Eleven, Kroger, Rite Aid Rite Aid (NYSE: RAD) is a United States retailer and pharmacy chain, operating over 5,000 stores in 31 states and the District of Columbia. Rite Aid Corporation is one of the nation's leading drugstore chains.  and other retail outlets. Oct 18, 2006

Southwest Airlines is ready to "bring the Dallas/Fort Worth area into the 21st century of low-fare air travel" following President George Bush's signing of a law last week that will weaken and ultimately repeal the Wright Amendment. The carrier announced yesterday that it will begin selling tickets tomorrow for one-stop flights from Dallas Love Field to Baltimore/Washington International, Chicago Midway, Cleveland, Columbus, Denver, Detroit, Fort Lauderdale Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Indianapolis, Jacksonville, Las Vegas, Los Angeles, Louisville, Nashville, Oakland, Omaha, Orlando International, Philadelphia, Phoenix, Portland, Sacramento, Salt Lake City, San Diego, Seattle, Tampa and Tucson. CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Gary Kelly said during a conference call with reporters that the airline is not altering any routes, adding frequencies or reassigning aircraft, it just is making the cities available to Love Field passengers who now can travel across the network with a single ticket. Oct 18, 2006

Southwest's average annual compensation led the industry at $95,555. Among legacy airlines, NWA NWA Northwest Airlines (ICAO code)
NWA Northwest Arkansas
NWA National Wrestling Alliance
NWA National Weather Association
NWA National Works Agency (Jamaica)
NWA Network Analyzer
 was highest at $91,613 and US was the lowest at $73,642. Among the LCCs, Frontier Airlines had the lowest average employee compensation at $55,432 and AirTran was second-lowest at $59,637. Oct 16, 2006

Editor: Aram Gesar, eMail: edit@AirGuideOnline.com

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Oct 16, 2006
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Date:Oct 23, 2006
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