Best Airline Stocks To Buy Right Now: Southwest Airlines Co (LUV)
Southwest Airlines Co., incorporated on March 9, 1967, operates Southwest Airlines, a passenger airline, which provides scheduled air transportation in the United States. As of December 31, 2011, the Company was serving 72 cities in 37 states throughout the United States. During the year ended December 31, 2011, the Company added addition services in two new states and three new cities: Charleston, South Carolina; Greenville-Spartanburg, South Carolina; and Newark, New Jersey. Southwest provides point-to-point. On May 2, 2011, the Company acquired AirTran Holdings, Inc. (AirTran).
AirTrans route system provides hub-and-spoke, rather than point-to-point, service, with approximately half of AirTrans flights originating or terminating at its hub in Atlanta, Georgia. AirTran also serves a range of markets with non-stop service from bases of operation in Baltimore, Maryland; Milwaukee, Wisconsin; and Orlando, Florida. As of December 31, 2011, AirTran was serv ing 68 United States and near-international destinations, including San Juan, Puerto Rico; Cancun, Mexico; Montego Bay, Jamaica; Nassau, The Bahamas; Oranjestad, Aruba; Punta Cana, Dominican Republic, and Bermuda. As of January 31, 2012, AirTran served 65 destinations. During 2011, approximately 71% of Southwests customers flew non-stop, and Southwests average aircraft trip stage length was 664 miles with an average duration of approximately 1.8 hours.
As of December 31, 2011, Southwest offered 25 weekday roundtrips from Dallas Love Field to Houston Hobby, 13 weekday roundtrips from Phoenix to Las Vegas, 13 weekday roundtrips from Burbank to Oakland, and 12 weekday roundtrips from Los Angeles International to Oakland. Southwest offers connecting service opportunities from over 60 Southwest cities to different Volaris airports in Mexico including Aguascalientes, Guadalajara, Mexico City (MEX), Mexico City-Toluca (TLC), Morelia, and Zacatecas. The Comp! any s International Connect portal conducts two separate transactions: one with Southwests reservation system and one with Volariss reservation system.
Southwest bundles fares into three categories: Wanna Get Away, Anytime, and Business Select. Wanna Get Away fares are lowest fares. Business Select fares are refundable and changeable, and funds may be applied toward future travel on Southwest. Business Select fares also include additional perks, such as priority boarding, a frequent flyer point multiplier, priority security and ticket counter access in select airports, and one complimentary adult beverage coupon for the day of travel. The Companys Internet Website, southwest.com, is the avenue for Southwest Customers to purchase tickets online. During 2011, southwest.com accounted for approximately 78% of all Southwest bookings. During 2011, approximately 84% of Southwests Passenger revenues came through its Website, including revenues from SWABIZ, the C ompanys business travel reservation Web page.
Advisors' Opinion:- [By Adam Levine-Weinberg]
A competitive threat
For the most part, Spirit has been successful by flying under the radar of the major carriers. It is still a very small carrier compared to the major airlines: AMR (NASDAQOTH: AAMRQ ) , Delta Air Lines (NYSE: DAL ) , Southwest Airlines (NYSE: LUV ) , and United Continental (NYSE: UAL ) . Moreover, it generally appeals to a different type of customer than those carriers: one who is extremely price-sensitive. - [By Paul Ausick]
American Airlines Group Inc. (NYSE: AAL) and Southwest Airlines Co. (NYSE: LUV) have not published revenue data or projections.
While Delta’s news is spreading good cheer and rising share prices today, all the airlines are wary of a coming increase in a federal tax they pay to support the U.S. Transportation Safety Administration (TSA). Congress approved an increase to the fees paid to the T! SA as par! t of the budget deal it reached last month.
source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/best-airline-stocks-to-buy-right-now-4.html
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