OPINION/CONSENT OF DEBORAH ACKERMAN
Published on October 11, 2001
EXHIBIT 5.1
SOUTHWEST AIRLINES CO.
Deborah Ackerman
Vice President - General Counsel
P.O. Box 36611
Dallas, Texas 75235-1611
(214) 792-4665
Facsimile: (214) 792-6200
October 10, 2001
Southwest Airlines Co.
P. O. Box 36611
Dallas, TX 75235
Dear Sirs:
I have represented Southwest Airlines Co., a Texas corporation (the
"Company") in connection with the proposed offering, issuance and sale of up to
$1,000,000,000 principal amount of Pass Through Certificates (the
"Certificates") to be issued from time to time under a Pass Through Trust
Agreement (the "Agreement") between the Company and Wilmington Trust Company, as
Trustee (the "Trustee"), such Certificates to bear interest at such rates and to
be payable at such times, to mature at such times and otherwise to have such
terms as may be set forth from time to time in separate Trust Supplements to the
Agreement and as contemplated by the Prospectus included as part of the
Registration Statement on Form S-3 (the "Registration Statement") with respect
to the Certificates which is being filed with the Securities and Exchange
Commission under the Securities Act of 1933 and Rule 415 thereunder.
For the purposes of this opinion, I have examined such corporate records
and other documents and have reviewed such questions of law as I considered
necessary or appropriate for the purposes of this opinion.
Based on such examination and review, I hereby advise you that, in my
opinion, when the Registration Statement has become effective under the
Securities Act of 1933, and all necessary proceedings have been taken by the
Board of Directors or the Executive Committee of such Board of Directors of the
Company in connection with the authorization, issuance and sale of the
Certificates of a particular series and related matters, the execution and
delivery to the Company of the Agreement and each Trust Supplement thereto will
have been duly authorized by the Company. Assuming the due authorization,
execution, issuance, authentication and delivery of the Certificates by the
Trustee in accordance with the terms of the Agreement and assuming the due
authorization, execution and delivery of such Agreement by the Trustee, the
Certificates, when issued and sold in accordance with the terms of the
Prospectus related to Certificates which constitutes part of the Registration
Statement and the prospectus supplement or supplements related to such series of
Certificates, will constitute valid and binding obligations of the Trustee
entitling the holders thereto the benefits of the Agreement except as may be
limited by (a) applicable bankruptcy, insolvency, moratorium, reorganization or
other similar laws affecting enforcement of creditors' rights generally
Southwest Airlines Co.
October 10, 2001
Page 2
and (b) general principles of equity (regardless of whether such enforceability
is considered in a proceeding at law or in equity).
In rendering the foregoing opinion, I have relied on the opinion of Morris
James Hitchens & Williams, special counsel to the Trustee, with respect to all
matters opined to therein and my opinion is subject to all the assumptions
contained in such opinion.
I hereby consent to the filing of this opinion as an exhibit to the
Registration Statement and to the reference to me under the caption "Legal
Opinions" in the Prospectus relating to the Certificates forming a part of the
Registration Statement. In giving this consent, I do not thereby admit that I am
within the category of persons whose consent is required under Section 7 of the
Securities Act of 1933 and the rules and regulations of the Securities and
Exchange Commission thereunder.
Sincerely,
/s/ Deborah Ackerman
Deborah Ackerman
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