How long has southwest been profitable

The market sets the price; it's what your customers will pay for the value you provide. But price is also a strategic tool you can deploy to either maximize your profits or drive the growth of your business by gaining market share. Even if you are the low-cost provider in your market, that doesn't mean you should also be the lowest priced provider. Think about Southwest Airlines. They were founded on the notion of being the low-cost provider in their industry. They keep the frills to a minimum and only fly routes where they can ensure they can attract the number of passengers they need to fill up their airplanes.

As a customer, you can definitely pay less by flying Southwest than other airlines--but usually only if you book far in advance and are willing to fly during non-peak hours and days. By offering lower process during those flights, Southwest is ensuring that they get a full flight. But for last-minute bookings, or even on routes that are in high demand, you might find that Southwest charges just about what every other airline does. Southwest has a robust network of point-to-point service with a strong presence across top leisure and business markets.

In peak travel seasons during , Southwest operated more than 4, weekday departures among a network of destinations in the United States and 10 additional countries. Among the changes are enhanced cleaning efforts at airports and onboard aircraft, and face covering requirements for Customers and Employees.

Additional details about the Southwest Promise are available at Southwest. Southwest is the only major U. Southwest does not charge change fees, though fare differences might apply. Southwest is one of the most honored airlines in the world, known for a triple bottom line approach that contributes to the carrier's performance and productivity, the importance of its People and the communities they serve, and an overall commitment to efficiency and the planet.

Learn more about how the carrier gives back to communities across the world by visiting Southwest. Book Southwest Airlines' low fares online at Southwest.

Southwest Airlines was incorporated in Texas and commenced Customer Service on June 18, , with three Boeing aircraft serving three Texas cities—Houston, Dallas, and San Antonio—and grew to become a major airline in when it exceeded the billion-dollar revenue mark. In , Southwest became the first major airline to offer ticketless travel.

In , Southwest became the first major airline to post a website with the launch of our "Home Gate. In , Southwest started its Southwest service to a destination outside the 48 contiguous states with service to Puerto Rico. In July , Southwest became an international airline with its first flights to Nassau, Bahamas; Montego Bay, Jamaica; and Aruba, and continues to expand.

In March , Southwest began serving the Hawaiian Islands. Read more about Southwest's Company History. In , more than 60, People worked to deliver exemplary Customer Service throughout the Southwest system. Southwest paid its first quarterly dividend in fourth quarter Download the current System Map. Download City Fact Sheets. May not be available full duration of flight. We also prohibit access to certain obscene or offensive content. While that is a significant improvement year on year, it still sits at We generated net income in June , representing our first monthly profit… since the negative effects of the pandemic began in March Q2 of was really the height of the pandemic as far as most airlines were concerned.

The airline managed to carry 5. This year between April and June, the airline carried 26 million revenue passengers.