Southwest Airlines
Corporation is a US based airline company which is the world’s largest low cost
carrier. The company was established in 1967 and is headquartered in Texas,
United States. The company is publically traded and is listed on New York Stock
Exchange (NYSE) with the ticker symbol of LUV and currently southwest airline stock price
is $23.5. The company has the market capitalization of $ 16Billion. The southwest airline stock has not disappointed
its investors and has been able to give them good returns over the years, last
year alone the company’s stock gave return exceeding 76%. The company employs
over 45,000 people worldwide. The airline operates on Boeing airplanes with
most of the planes being Boeing 737. The southwest airline operates over 3,500
within United States and International flights daily. The company’s strategy is
to provide low cost flight services to the travellers. The company has achieved
being the world lowest cost carrier by cutting on lots of cost. The company has
strategically cut down the costs of some in plane services and has put a price
tag on them so that of the travellers want anything they can pay for it.
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