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April 14, 2005

The Airline Industry Could Learn a lot From SouthWest

Posted in: Business

Southwest has been doing it right for some time now. Maybe the other airlines may want to steal some of their talent. Southwest just announced their first quarter numbers and they are great.

first-quarter earnings nearly tripled, thanks to successful fuel hedging and higher traffic in March.

Quarterly income rose to $76 million, or 9 cents a share, from $26 million, or 3 cents a share, last year. Revenue climbed 12 percent to $1.66 billion from $1.48 billion.

There numbers are looking incredible as compared to the rest of the industry. And a nice comparable chart. The have defied the industry trend in losing money.

They also are the “not so official” airline of BlogNashville.

Unofficial Airlines of BlogNashville

We don’t have an official airline but if we did it would be SouthWest Airlines. One of the factors that went into selecting Nashville as a host city is that there are cheap flights into Music City from a number of locations around the country.


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