Southwest Airways: A History Of Low Fares And Great Service

 

Southwest airlines were based in 1967 by way of former attorney Herb Kelleher as a one-plane operation with 4 personnel. With the best ten employees, they set out with 3 leased Boeing 737-2 hundred planes, which flew three spherical journeys according to today between Dallas Love area and Houston hobby Airport in 1975. The company's revenue grew at a mean annual rate of 44% during its first ten years, with sales growing from $7 million in 1971 to $214 million in 1981. The airline's market cost becomes $500 million in its first year as a public agency, making it one of all simplest 4 airways at that point to be publicly traded. To read more about the History of Southwest Airlines please connect with us.