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Southwest Airlines Unveils International Terminal at Houston

Dallas, TX-based low cost carrier Southwest Airlines Co.LUV has finally launched its international terminal at Houston's Hobby airport. Following the launch, the carrier has started operating international flights from the new five-gate terminal. The move is consistent with the company's plans to expand international operations and improve customer convenience.

The terminal, which cost over $140 million, had been under construction since 2013, according to media reports. The commencement of operations at the new terminal is in line with Southwest's aim to strengthen its presence in Houston. Apparently, Southwest will use four of the five gates at the new terminal.

According to the press release, the first flight departed to Cancun, Mexico post the opening of the international terminal. Moreover, the carrier intends to operate non-stop flights connecting Houston to Jamaica (Montego Bay), Costa Rica (San Jose and Liberia) and Belize City, apart from other destinations in Mexico (Mexico City, Puerto Vallarta and San Jose del Cabo/Los Cabos).

Moreover, with nonstop flights connecting Houston with San Juan (Puerto Rico) and Oranjestad (Aruba), the total number of routes operational between Latin America/Caribbean islands and Houston will be ten. Tickets for the new flights are already available. We note that Southwest Airlines commenced international operations in July last year.

Notably, as of now, only a small part of Southwest Airlines' revenues comes from international operations. The carrier is looking to boost its international revenues through increased operations and new routes, and is consistently working toward the same.

Zacks Rank

Southwest Airlines carries a Zacks Rank #2 (Buy). Investors interested in the airline space may also consider Ryanair Holdings RYAAY , Virgin America VA and SkyWest Inc. SKYW . All the three stocks sport a Zacks Rank #1 (Strong Buy).

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SOUTHWEST AIR (LUV): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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