Victor,
Your post was an interesting read. Very interesting!
Our ticker symbol -- LUV -- permeates throughout SWA and our culture. Your blog gave me a different perspective I had not thought about.
We live and breathe LUV every day at SWA and it's obvious to us; however, it may not be too obvious to others.
... View more
Raphael,
You gave me a good laugh this morning imagining Herb arm wrestle. We have pictures around headquarters capturing that moment.
Herb actually had a cost savings with the arm-wrestling he did. We were able to save tons of money in legal fees. All in all, his investment and late nights in Southwest have garnered a nice return on investment.
... View more
Raphael,
I found out more info about our original stock price. It turns out the closing price for Southwest stock was $24.13 (on June 27, 1977).
By the way, I also found out more interesting info on how the stock is valued today. It turns out the closing price on August 1, 2007 was $15.77.
You may be wondering how could this be the case??
But, you have to read in between the lines to get the overall picture. LetÃ
... View more
Raphael,
Just wanted to let you know I'm researching your first question. I'll have to tap our Finance folks for this info. I should have some more info by the first of next week.
Edna
... View more
Thanks for sharing your comment with us. I wanted to share with you some background as to why the program was initially started.
The purpose of the program is to provide travel assistance to students with a socio-economic need and who travel far away from home to attend college. At this time, the program focuses on the Hispanic population as scholarly study after study suggests that although it is the fastest growing population it is the least highly educated population.
Over the past two decades, research outlines the specific challenges for Latino students that prevent them from obtaining a four year college degree. For example, a study from the Pew Hispanic Center finds that the college dropout rate for Hispanics may be every bit as significant as the high school dropout rate. In fact, the Caucasian/Latino gap in finishing college is larger than the high school completion gap.
As the fastest growing ethnic group in the U.S., this situation has serious implications for the future of our country.
As a Company who cares about each community it serves, we began this program as a means to address this issue. Although it does not completely address the issue, weÃ
... View more
I have been honored to be in the Tuskegee Airmen's presence when they visited the Southwest Ailrines headquarters in 2005. Ever since then, I have been amazed at their achievements and hard work.
It was incredible to see the turnout we had to honor these men. From elementary school kids to aviation buffs to active & retired military, I saw a diverse audience who desired to learn more and, like me, was in awe as we were next to history-making individuals. I still get goose bumps when we saw the look on their faces as we honored them with a fly-by an F-16, T-6 Texan, and P-51 Mustang aircraft.
The AirmenÃ
... View more