southwest airlines co (LUV) Key Developments
Southwest Airlines Declares Quarterly Dividend, Payable on January 2, 2015
Nov 20 14
The board of directors of Southwest Airlines declared a quarterly dividend of $0.06 per share to Shareholders of record at the close of business on December 11, 2014 on all shares then issued and outstanding. The consecutive dividend will be paid on January 2, 2015.
Southwest Airlines Announces Plans to Serve Fourth Destination in Mexico
Nov 10 14
Southwest Airlines filed its application with the U.S. Department of Transportation to provide daily, nonstop service between John Wayne Airport, Orange County (SNA) and Lic. Gustavo Diaz Ordaz International Airport (PVR) in Puerto Vallarta, Mexico, beginning June 7, 2015, subject to approvals from relevant governmental agencies. In addition, company's plans to add Saturday service between Baltimore/Washington International Airport and San Jose del Cabo/Los Cabos, Mexico, beginning June 13, 2015, subject to approvals from relevant governmental agencies. The carrier also extended its bookable flight schedule through June 5, 2015, offering customers many new options such as new seasonal daily service between San Antonio and Cancun, and between San Diego and St. Louis. New flights operating only on Saturdays will connect Houston and Ft. Myers, Milwaukee and San Diego, and Orlando and Omaha. All flight options through June 5, 2015, are now available at Southwest.com.
Southwest Airlines Co. Announces Traffic Results for the Month and Year to Date Ended October 2014
Nov 10 14
Southwest Airlines Co. announced traffic results for the month and year to date ended October 2014. For the month, the company reported revenue passengers carried of 9,288,089 compared to 9,024,564 a year ago. Revenue passenger miles were 8,989,543,000 compared to 8,610,484,000 a year ago. Available seat miles were 10,820,718,000 compared to 10,782,383,000 a year ago. Load factor was 83.1% compared to 79.9% a year ago.
For the year to date, the company reported revenue passengers carried of 91,890,894 compared to 90,204,731 a year ago. Revenue passenger miles were 90,257,021,000 compared to 87,306,337,000 a year ago. Available seat miles were 109,177,336,000 compared to 109,240,137,000 a year ago. Load factor was 82.7% compared to 79.9% a year ago.
Southwest Airlines Plans to Add International Service Between Baltimore/Washington International Thurgood Marshall Airport and San Jose Del Cabo / Los Cabos, Mexico Starting in June 2015
Nov 10 14
Southwest Airlines announced plans to add international service between Baltimore/Washington International Thurgood Marshall Airport and San Jose del Cabo /Los Cabos, Mexico starting in June 2015. The destination is a new international market for BWI Marshall. The airline plans to offer the new international service one day per week, on Saturdays starting June 13, 2015. San Jose del Cabo /Los Cabos would be the seventh international destination served by Southwest Airlines from BWI Marshall. In July, Southwest Airlines launched its first-ever scheduled international flights. The airline currently serves five international markets from BWI Marshall--Aruba, Montego Bay, Nassau, Cancun, and Punta Cana. Southwest will add service in March 2015 to San Jose, Costa Rica. The announcement from Southwest Airlines is the third new international route for BWI Marshall announced in recent weeks. In September, Southwest announced it would start service to San Jose, Costa Rica. WOW air announced last month that it would add service to Iceland with connections beyond to other European cities starting in June 2015.
Southwest Airlines Co. Presents at FICO World 2014 Conference, Nov-11-2014
Nov 8 14
Southwest Airlines Co. Presents at FICO World 2014 Conference, Nov-11-2014 . Venue: San Diego, California, United States. Speakers: Rusty Burlingame, Senior Operations Research Developer.