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Category: Business and Industry
Date Submitted: 08/02/2015 05:45 AM
|Southwest Airlines Case Study: History and Analysis | |
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|Southwest Airlines Case Study |
|Thousands of people travel by air; Southwest Airlines provides low-fare air transportation service among 58 cities in the United|
|States. Although the industry suffered a major blow from the terrorist attack of September 11th, the company is still holding |
|strong; while other airline companies are in debt. The information was majority gathered and analyzed from the internet; sources|
|such as "News Week," and "Wall Street Journal." According to the acquired knowledge of Southwest, the company maintains steady |
|sales. The major success to their continued success is due to their low-cost model and competitors are aware that they cannot |
|match Southwest Airlines low prices therefore, by dropping the price even lower; Southwest Airlines can force a company to go |
|bankrupt. |
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|Introduction In 1971, Rollin King and Herb Kelleher started an airline service with one simple notion: "If you get your |
|passengers to their destinations when they want to get there, on time, at the lowest possible fares, and make darn sure they |
|have a good time doing it, people will fly your airline." They were right about that. Southwest Airline is now a major airline, |
|in fact, the...