LUV- Southwest Airlines

Company Slogans - "A Symbol of Freedom" - "Grab Your Bag. It's On"-"You are Now Free to Move About the Country"

Southwest Airlines is the largest carrier in the United States. It is a carrier that is based in Texas. Southwest Airlines was founded in 1971 by Rollin King and Herb Kelleher. Southwest Airlines specializes in short-haul routes, offering frequent flights to 64 cities in 32 states. Southwest's fleet consists of more than 530 Boeing 737 aircrafts, and it employs almost 36,000 people. Gary C. Kelly is the current Chairman, CEO and President of the company.

Southwest Airlines competes with other airline companies such as American airlines, Delta, Jet Blue, Song, Continental, and US Airways to name a few. It's motto is "You are Now Free to Move About the Country".

We bought Southwest Airlines because it seemed to be the only airline that was giving great deals for air fare as well as MSN stock scouter's rating of Southwest Airlines as an 8. Our group bought a total of 250 shares (100 on 1/25/2010 and 150 on 1/26/2010). We sold 125 shares on 2/9/2010 because the price was $11.69 compared to $11.31 when we first bought it. We sold another 25 shares the very next day 2/10/2010 when the price jumped to $11.88 also we sold another 50 shares on 2/22/2010 for $12.62.