Southwest Airlines
Southwest Airlines Co., or simply Southwest, is a Major airlines of the United States, major airline in the United States that formerly operated on a low-cost carrier model. It is headquartered in the Love Field, Dallas, Love Field neighborhood of Dallas, Texas. It is the List of largest airlines in North America, fourth-largest airline in North America when measured by passengers carried, as of 2023. With its all-Boeing 737 fleet, Southwest serves over 100 destinations in 42 states, Washington, D.C., Puerto Rico, and ten other countries near the southern United States in the Gulf of Mexico and Caribbean Sea regions: Aruba, the Bahamas, Belize, the Cayman Islands, Costa Rica, Cuba, the Dominican Republic, Mexico, Jamaica, and Turks and Caicos Islands, Turks and Caicos. The airline was established on March 9, 1967, by Herb Kelleher and Rollin King as Air Southwest Co. and adopted its current name, Southwest Airlines Co., in 1971, when it began operating as an intrastate airline w ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Boeing 737 MAX 8
The Boeing 737 MAX is a series of narrow-body aircraft developed by Boeing Commercial Airplanes as the fourth generation of the Boeing 737. It succeeds the Boeing 737 Next Generation and incorporates more efficient CFM International LEAP engines, aerodynamic improvements such as split-tip winglets, and structural modifications. The program was announced in August 2011, the first flight took place in January 2016, and the aircraft was certified by the U.S. Federal Aviation Administration (FAA) in March 2017. The first delivery, a MAX 8, was made to Malindo Air in May 2017. The 737 MAX series includes four main variants—the MAX 7, MAX 8, MAX 9, and MAX 10—with increasing fuselage length and seating capacity. Boeing also developed a high-density version, the MAX 8-200, launched by Ryanair. The aircraft typically seats 138 to 204 passengers in a two-class configuration and has a range of . , Boeing had delivered 1,844 aircraft and held orders fo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
S&P 500
The Standard and Poor's 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 leading companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices and includes approximately 80% of the total market capitalization of U.S. public companies, with an aggregate market cap of more than $49.8 trillion as of March 31, 2025. The S&P 500 index is a Free-float weighted/ capitalization-weighted index. As of April 2025, the ten largest companies on the list of S&P 500 companies accounted for approximately 35% of the market capitalization of the index and were, in order of highest to lowest weighting: Apple (6.4%), Microsoft (6.2%), Nvidia (6.0%), Amazon.com (3.8%), Alphabet (3.6%, including both class A & C shares), Meta Platforms (2.7%), Berkshire Hathaway (2.0%), Broadcom (1.8%), Tesla (1.6%), and JPMorgan Chase (1.4%). The components that have increased their dividends in 25 consecutive ye ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Texas
Texas ( , ; or ) is the most populous U.S. state, state in the South Central United States, South Central region of the United States. It borders Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the west, and has Mexico-United States border, an international border with the Mexican states of Chihuahua (state), Chihuahua, Coahuila, Nuevo León, and Tamaulipas to the south and southwest. Texas has Texas Gulf Coast, a coastline on the Gulf of Mexico to the southeast. Covering and with over 31 million residents as of 2024, it is the second-largest state List of U.S. states and territories by area, by area and List of U.S. states and territories by population, population. Texas is nicknamed the ''Lone Star State'' for its former status as the independent Republic of Texas. Spain was the first European country to Spanish Texas, claim and control Texas. Following French colonization of Texas, a short-lived colony controlled by France, Mexico ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Love Field, Dallas
Love Field is a neighborhood located in northwest Dallas, Texas. It lies southwest of and is adjacent to Dallas Love Field Airport and is bounded by Denton Drive, Inwood Road, Harry Hines Boulevard, and Webb Chapel Extension. The neighborhood takes its name from Love Field Airport. Economy The main business in Love Field is Dallas Love Field. The headquarters of Southwest Airlines are located at 2702 Love Field Drive, adjacent to the airport. Several other large manufacturing plants are in the neighborhood. Geography The only body of water within Love Field is Bachman Lake. It lies between Northwest Highway and Dallas Love Field. The Trinity River has several runoffs. Education Primary and secondary schools Public schools The Dallas Independent School District operates local public schools. The area is within the Board of Trustees District 8; as of 2008 Adam Medrano represents the district. Obadiah Knight Elementary School, a public elementary school, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Low-cost Carrier
A low-cost carrier (LCC) or low-cost airline, also called a budget, or discount carrier or airline, is an airline that is operated with an emphasis on minimizing operating costs. It sacrifices certain traditional airline luxuries for cheaper fares. To make up for revenue lost in decreased ticket prices, the airline may charge extra fees, such as for carry-on baggage. The term originated within the airline industry referring to airlines with a lower operating cost structure than their competitors. The term is often applied to any carrier with low ticket prices and limited services regardless of their operating models. Low-cost carriers should not be confused with regional airlines that operate short-haul flights without service, or with full-service airlines offering some reduced fares. Some airlines advertise themselves as low-cost while maintaining products usually associated with traditional mainline carriers’ services. These products include preferred or assigned seati ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Major Airlines Of The United States
The United States Department of Transportation defines a major carrier or major airline carrier as a U.S.-based airline that posts more than $1 billion in revenue during a fiscal year, grouped accordingly as "Group III". Airlines According to FY2024 revenues, 19 major carriers meet the requirement for Group III status. Mainline passenger *Alaska Airlines *Allegiant Air *American Airlines* *Delta Air Lines* *Frontier Airlines *Hawaiian Airlines *JetBlue *Southwest Airlines* *Spirit Airlines * Sun Country Airlines *United Airlines* (*) - considered one of the "Big 4" major U.S. national airlines Regional passenger *Envoy Air (subsidiary of American Airlines Group) *PSA Airlines *Republic Airways *SkyWest Airlines Freight *Atlas Air *FedEx Express * Kalitta Air *UPS Airlines See also *Largest airlines in the world * List of largest airlines in North America *List of airlines of the United States This is a list of airlines that have an air operator's certificate issued by th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Rollin King
Rollin W. King (April 10, 1931 – June 26, 2014) was an American businessman and investment consultant. He is best known as the co-founder and former director of Southwest Airlines. Background King was a scion of the Cleveland, Ohio White family of White Motor Company fame. King graduated from Case Western Reserve University in 1955. King moved to Texas in 1962. He had received an M.B.A. from Harvard University and was working as an investment consultant. In 1964 he made his initial foray into airplane transportation, buying a local air charter company. During that time he watched with interest the growing market share of one of the nation's oldest low-cost air carriers, Pacific Southwest Airlines, and became determined to create a similar operation in Texas. Southwest Airlines King's involvement with Southwest Airlines dates from 15 March 1967, when he and Herb Kelleher incorporated the ''Air Southwest Company'' in Texas, with intention of being an intrastate airline, ta ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Herb Kelleher
Herbert David Kelleher (March 12, 1931 – January 3, 2019) was an American billionaire airline businessman and lawyer. He was the co-founder, later CEO, and chairman emeritus of Southwest Airlines until his death in 2019. Early life Kelleher was born in Camden, New Jersey, on March 12, 1931, and raised in Audubon, New Jersey, where he graduated from Haddon Heights High School. He earned a bachelor's degree from Wesleyan University where he was an Olin Scholar and where his major was English and his minor philosophy, and a Juris Doctor (cum laude) from New York University School of Law where he was a Root-Tilden Scholar. Career After clerking for a New Jersey Supreme Court justice, Kelleher moved to Texas intending to start a law firm or a business. He was a partner in Oppenheimer, Rosenberg, Kelleher & Wheatley, 1969–1981. Kelleher and one of his law clients, Texas businessman Rollin King, created the concept with banker John Parker that later became Southwest Airlines. A ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Chair (officer)
The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group or organisation, presides over meetings of the group, and is required to conduct the group's business in an orderly fashion. In some organizations, the chair is also known as ''president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. The term chairman may be used in a neutral manner, not directly implying the gender of the holder. In meetings or conferences, to "chair" something (chairing) means to lead the event. Terminology Terms for the office and its holder include ''chair'', ''chairman'', ''chairwoman'', ''chairperson'', ''convenor'', ''facilitator'', '' moderator'', ''president'', and ''presiding officer''. The chair of a parliamentary chamber ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Rakesh Gangwal
Rakesh Gangwal (born July 1953) is an Indian-American billionaire businessman. He is the co-founder IndiGo Airlines alongside Rahul Bhatia. He is the former chief executive officer (CEO) and chairman of US Airways Group. From June 2003 to August 2007, Gangwal was the chairman, president, and chief executive officer of Worldspan Technologies, a provider of travel technology and information services to the travel and transportation industry. From 2002 to 2003, Gangwal was involved in various personal business endeavors, including private equity projects and consulting projects. He was the president and CEO of US Airways Group from 1998 until his resignation in 2001. In November 2024, Gangwal was appointed chair of the Southwest Airlines corporate board. Early life Gangwal was born in July 1953 in a Marwari Jain family based in Kolkata, India. He attended Don Bosco School, Park Circus before earning a bachelor's degree in Mechanical Engineering from the Indian Institute of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Chief Executive Officer
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in various organizations, including public and private corporations, Nonprofit organization, nonprofit organizations, and even some government organizations (notably state-owned enterprises). The governor and CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the profitability, market share, revenue, or another financial metric. In the nonprofit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of the main manager of the organization and the highest-ranking officer in the C-suite. Origins The term "chief executi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
President (corporate Title)
A president is a leader of an organization, company, community, club, trade union, university or other group. The relationship between a president and a chief executive officer varies, depending on the structure of the specific organization. In a similar vein to a chief operating officer, the title of corporate president as a separate Job, position (as opposed to being combined with a "Corporate title#Senior management, C-suite" designation, such as "president and chief executive officer" or "president and chief operating officer") is also loosely Definition, defined; the president is usually the legally Legal recognition, recognized highest rank of Corporate title, corporate officer, ranking above the various Vice president#In business, vice presidents (including senior vice president and executive vice president), but on its own generally considered Hierarchy, subordinate, in practice, to the CEO. The powers of a president vary widely across organizations and such powers come fr ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |