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Essay

SouthWest Financials

Essay specific features

 

Issue:

Business

 

Written by:

Angela D

 

Date added:

July 20, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 771

 

Was viewed:

7922 times

 

Rating of current essay:

 
Essay content:

Others in the industry last year, like American Airlines, had a net income of $231 million; Continental brought in $369 million and Southwest's direct low-cost carrier competitor Jet Blue struggled to even make any profit last year with -$1 million of profit. Cost per seat-mile Southwest's cost reducing strategy has made them the most efficient airliner in the industry...
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The cost per seat mile is the universal pricing measurement used by commercial airlines to determine efficiency and operating costs per available seat mile. Southwest has the lowest costs in the industry at 6.38 cents per seat-mile in 2006. Compared to others in 2006 like Jet Blue at 8.19 cents, Frontier at 8...
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