Southwest Airlines Co. is a major airline based in the United States and the world's largest low-cost carrier. It is headquartered in Dallas, Texas, and has scheduled service to 121 destinations in the United States and 10 additional countries.
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Southwest Airlines Co.One of the key aspects of Southwest Airlines' organizational structure is its flat and decentralized structure. The company has a relatively small and lean management team, with decision-making power distributed throughout the organization.
The airline industry is an oligopoly. It is a form of imperfect competition in which a few businesses dominate the industry. It also is a price maker that uses price discrimination to boost its profits.
The sector is a mix of private and public enterprise. Airplane manufacturing and airlines are handled by private companies, and the airlines pay rent and other fees to airports to use their facilities.
Ownership and structure. American Airlines, Inc., is publicly traded through its parent company, American Airlines Group Inc., under NASDAQ: AAL Nasdaq: AAL, with a market capitalization of about $12 billion as of 2019, and is included in the S&P 500 index.
Southwest isn't a major international carrier. To go to Europe, Asia, South America, Africa or Oceania, you'll need to fly another airline: » Learn more: Which Southwest Airlines credit card should I get?