Courtesy Southwest AirlinesFortune just posted its list of the World's Most Admired Companies -- at least, admired by the other bidness folks surveyed by the magazine. Five Dallas-based companies made the list of 363, and they are, in alphabetical order: AT&T, Brinker International, Centex, Southwest Airlines and Texas Instruments. (Twenty-two Texas-based companies, including Plano-based J.C. Penney and ExxonMobil of Irving, made the list.) Six other local companies coulda been a contender,
Southwest Airlines announced this morning that it's living up to that old motto, offering nearly every single employee what CEO Gary Kelly calls an "early out" in the wake of a first-quarter net loss, the Dallas-based carrier's third straight decline. Southwest today announced a first-quarter '09 net loss of $91 million, compared to net income of $34 million last year, prompting the buyout offers, a hiring freeze and wage freezes for the airline's officers and senior management, which were also
According to the U.S. Department of Transportation, American Airlines pocketed $278 million in bag fees last year, putting it at the top of the list of airlines making extra scratch by charging to lose your luggage. But Dallas-based Southwest Airlines insists it still won't go there: Southwest CEO Gary Kelly told National Public Radio this morning that, look, it may make the Fort Worth-based carrier and other competitors some nice coin in the short run (as in, $1.1 billion), but over time it cou
