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Dallas, Texas-based Southwest Airlines Co. (LUV) is a passenger airline company, providing scheduled air transportation services in the U.S. and near-international markets. With a market cap of $17.1 billion, Southwest employs over 73,000 people and its operations span various U.S. states and 10 other nations.
Companies worth $10 billion or more are generally referred to as “large-cap stocks.” Southwest fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the airline industry.