Airfinance Journal recently named Southwest Airlines as ‘Airline of the Year.' The award is a recognition of the best Return on Total Capital.
While we have been nominated for this award in the past (2008, 2014, and 2016), this is the first time we have taken home top honors. At Southwest, we pride ourselves on maintaining a strong balance sheet with investment-grade ratings and ample liquidity, growing our earnings, expanding our margins, and improving our returns on capital—among other financial priorities. Of course, these goals allow us to take care of our Employees and keep our fares low for our Customers, and I’m so incredibly proud of our track record of doing just that.
We’re no stranger to bringing home high honors and hardware. This year alone, we were once again named to Fortune’s list of Most Admired Companies in the World, ranking No. 11. And, we ranked second out of 500 companies on Forbes’ list of Best Employers. I could go on and on, but these accolades speak to the overall health and well-being of our Company. And for financial folks like me, I was thrilled to see Southwest win Airline of the Year as a result of our focus on generating returns on capital.
As Airfinance Journal notes, “Southwest is a deserving winner of this award in 2018.” I couldn’t agree more.