Leading U.S. passenger carrier
Southwest Airlines Co.
) announced its plans to extend its international destinations
besides adding some new non-stop flights from Dallas Love Field,
where flight limitations will finally be lifted in Oct 2014.
Southwest Airlines will add flights to Mexico City from San
Antonio, Texas and Santa Ana, CA, while flights to Punta Cana will
be connected with Atlanta and Washington D.C. from Nov 2, 2014.
Southwest Airlines will replace AirTran service in these
destinations, bringing its total number of destinations to 90 in
five different countries across North America and the Caribbean.
Notably, AirTran will be fully integrated with Southwest Airlines
by the end of this year.
In Feb 2014, Southwest Airlines planned to start operating
non-stop flights from Dallas to Baltimore, Las Vegas, Denver,
Orlando and Florida from Oct 13. Effective from the same date, the
carrier will also extend its reach to Chicago and Reagan National
Airport (DCA). Starting Nov 2, non-stop services from Dallas will
be extended to some more cities, which include popular destinations
like Atlanta, New York, Los Angeles and Tampa Bay, among
Back in 1979, flight restrictions were imposed on Dallas Love
Field under the Wright Amendment- a federal law aimed at supporting
the city's other airport - Fort Worth International Airport.
Southwest Airlines has also announced its plans to extend
operations from DCA, where the carrier recently won bids for 27
pairs of slots as part of the mega merger that led to the formation
American Airlines Group Inc.
). The carrier has decided to extend daily departures from DCA to
44 from the current 17, thus increasing its services from the
airport by more than 3 times.
Further, from Nov 2, the passenger carrier plans to start daily
non-stop flights to Arkon-Canton and Indianapolis from DCA and to
Las Vegas and San Diego from Washington Dulles International
We believe such extension of operations by Southwest Airlines
will bring down the average fares of flights from these two busy
airports, namely Dallas Love Field and DCA, to other U.S. cities,
while the international expansion will offer diversification
benefits to the carrier.
Southwest Airlines currently carries a Zacks Rank #1 (Strong
Buy). Some other stocks worth considering within this sector are
Alaska Air Group Inc.
Delta Airlines Inc.
), both of which carry a Zacks Rank #1 (Strong Buy).
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