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FORM 10-K - Southwest Airlines
Southwest Airlines Co. (the "Company" or "Southwest") operates Southwest Airlines, a major passenger airline that provides scheduled air transportation in the United States and near-international markets. Southwest commenced service on June 18, 1971, with three Boeing 737 aircraft serving three Texas cities: Dallas, Houston, and San Antonio.
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SOUTHWEST AIRLINES CO. 2020 ANNUAL REPORT TO …
investors.southwest.comairline business depression is unique, in that it is driven more by pandemic-related health concerns rather than by economic or recessionary reasons. In past recessions, while leisure travel demand was reasonably sustained, business travel demand dropped sharply and was indifferent to fare incentives to stimulate marginal travel.