March 23, 2015
In an update last week, Dun & Bradstreet editor Adam Anderson detailed how Southwest Airlines‘ simple approach (low cost, no frills) — combined with a steep decline in fuel and oil prices — led to milestone revenue and net income in 2014. It reported revenue of $18.6 billion last year, with net income of $1.1 billion. A key to future growth for the airline is international service; in 2014 the company launched service to Jamaica, Aruba, and the Bahamas, with plans this year for service to Costa Rica and Belize, among other destinations. Follow Adam on Twitter.