Southwest Airlines Co. operates one of the world's most admired and awarded airlines, offering its one-of-a-kind value and Hospitality at 117 airports across 11 countries. Southwest took flight in 1971 to democratize the sky through friendly, reliable, and low-cost air travel and now carries more air travelers flying nonstop within the United States than any other airline1. By empowering its more than 71,0002 People to deliver unparalleled Hospitality, the maverick airline cherishes a passionate loyalty among more than 140 million Customers carried in 2024. Southwest leverages a unique legacy and mission to serve communities around the world including harnessing the power of its People and Purpose to put communities at the Heart of its success. Learn more by visiting Southwest.com/citizenship.
Southwest has a long history of returning value to its Shareholders. Since 2010, Southwest has returned more than $14.0 billion to Shareholders through share repurchases and dividends. During first quarter 2025, Southwest returned $857 million to Shareholders, comprised of $107 million of dividends and $750 million of share repurchases. The Company expects to complete the repurchase of the remaining $1.5 billion under its current share repurchase authorization by the end of July 2025.
1) Based on U.S. Dept. of Transportation quarterly Airline Origin & Destination Survey since Q1 2021
2) Fulltime-equivalent active Employees as of March 31, 2025
