Please Justify the above in 250 words.

The note should have intext citations. For example, anything with numbers or quotes per paragraph. The intent citation just needs to be the Author's last name and year it was published. Please also include REFERENCES. Thanks

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

The company that my group and I chose to assess for the financial analysis project was Southwest Airlines. We chose this company because it is very well known and has been around for over 50. Years. There is also a lot of information on Southwest Airlines and their stocks. My group and I divided the tasks for each analysis of the CLC project. Once we were each done with our analysis we shared them with the group to get feedback and make suggested changes. Overall, we all agreed from our analysis that Southwest is a successful company and will continue to be successful in the future.

I predict that Southwest Airlines financial future will continue to be stable. They are continuously working on making changes to best suit the company and their customers. They pride themselves in offering low cost airfare while still having a large profit (Southwest, 2023). Southwest Airlines has reported profit 46 years in a row (Bailey, 2019).Southwestoffers low-cost airfare by using cheaper airports, single fleet types, scheduling, and point to point routes (Bailey, 2019). Southwest Airlines uses secondary airports to reduce cost of landing, and uses only one plane type to reduce training and skills required(Bailey, 2019). Continuing to use strategies like this will help Southwest maintain low operating costs along with increased profit. This also helps keep customers loyal to their airline. They are also developing more trained staff, and providing more equipment and tools to help with inclement weather situations that may arise.

My group recommended that Southwest continue to make consumers happy by providing cheaper flights to the places they need. This will help with the competitive landscape, as other airlines offer similar flights, many consumers will shop for airfare that is affordable. Many people are still flying for leisure such as vacations and big families that are traveling are going to want to buy the most cost effective flights. Southwest is also recovering from the pandemic, they are doing so at a quick pace but it can take time for consumers to go back to flying for work and traveling. Southwest's ability to keep clients loyal, while maintaining low cost airfare and making a profit can help ensure a continual flow of funds in the next 3 to 5 years.

References

Purpose, vision, and the southwest way. - Southwest Airlines. (2022). Retrieved March 8, 2023, from https://www.southwestairlinesinvestorrelations.com/our-company/purpose-vision-and-the-southwest-way

Bailey, J. (2019, July 29). How southwest pioneered the low-cost carrier model. Simple Flying. Retrieved March 8, 2023, from https://simpleflying.com/southwest-lcc-model/.

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Please Justify the above in 250 words.

The note should have intext citations. For example, anything with numbers or quotes per paragraph. The intent citation just needs to be the Author's last name and year it was published. Please also include REFERENCES. Thanks