Form: 10-K/A

Annual report pursuant to Section 13 and 15(d)

April 8, 1998

10-K/A: Annual report pursuant to Section 13 and 15(d)

Published on April 8, 1998


SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 10-K/A
Amendment No. 1

AMENDMENT TO ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

For the Fiscal Year Ended December 31, 1997

Commission File No. 1-7259

Southwest Airlines Co.
(Exact name of registrant as specified in its charter)

TEXAS 74-1563240
(State or other jurisdiction of I.R.S. employer
incorporation or organization) identification no.)

P.O. Box 36611 75235-1611
Dallas, Texas (Zip Code)
(Address of principal executive offices)

Registrant's telephone number, including area code: (214) 792-4000


The undersigned registrant hereby amends the following items, financial
statements, exhibits, or other portions of its Annual Report for the year
ended December 31, 1997 on Form 10-K as set forth in the pages attached
hereto:

(List all such items, financial statements, exhibits or other portions
amended)

ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON
FORM 8-K

3. Exhibit:

27 Restated Financial Data Schedules

The remaining exhibits are not affected by this amendment.

Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this amendment to be signed on its
behalf by the undersigned hereunto duly authorized.

Date: April 3, 1998 SOUTHWEST AIRLINES CO.
Registrant

By /s/ Gary C. Kelly
Gary C. Kelly
Vice President - Finance, Chief Financial
Officer