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Dallas, Texas-based Southwest Airlines Co. (LUV) is a passenger airline company that provides scheduled air transportation services. Valued at a market cap of $18.6 billion, the company maintains a high-frequency, low-cost operational model while expanding its global reach through new international airline partnerships.
This airline company has outperformed the broader market over the past 52 weeks. Shares of LUV have surged 37.4% over this time frame, while the broader S&P 500 Index ($SPX) has gained 29.1%. However, on a YTD basis, the stock is down 9.4%, lagging SPX’s 4.3% rise.