Southwest Airlines Company

NYSE LUV

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Southwest Airlines Company Market Capitalization on June 03, 2024: USD 16.57 B

Southwest Airlines Company Market Capitalization is USD 16.57 B on June 03, 2024, a -7.18% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.

Southwest Airlines Company 52-week high Market Capitalization is USD 23.36 B on July 11, 2023, which is 40.94% above the current Market Capitalization.
Southwest Airlines Company 52-week low Market Capitalization is USD 13.25 B on November 01, 2023, which is -20.03% below the current Market Capitalization.
Southwest Airlines Company average Market Capitalization for the last 52 weeks is USD 17.71 B.

NYSE: LUV

Southwest Airlines Company

CEO	Mr. Gary C. Kelly
IPO Date	Jan. 2, 1980
Location	United States
Headquarters	PO Box 36611, Dallas, TX, United States, 75235-1611
Employees	74,695
Sector	Industrials
Industry	Airlines

Description

Southwest Airlines Co. operates as a passenger airline company that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2023, the company operated a total fleet of 817 Boeing 737 aircraft; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. It also provides inflight entertainment and connectivity services on Wi-Fi enabled aircraft; and Rapid Rewards loyalty program that enables program members to earn points for dollars spent on Southwest base fares. In addition, the company offers a suite of digital platforms to support customers' travel needs, including websites and apps; and SWABIZ, an online booking tool. Further, it provides ancillary services, such as Southwest's EarlyBird Check-In, upgraded boarding, and transportation of pets and unaccompanied minors. Southwest Airlines Co. was incorporated in 1967 and is headquartered in Dallas, Texas.

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