Here is the synopsis of our sample research paper on Economic Indicators for Southwest Airlines. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
A 6 page paper the effects that fuel costs, vendor performance, stock price and labor have had on Southwest Airlines through early 2005. As Southwest's leading competitors operate under Chapter 11 bankruptcy protection, Southwest clings to its history of never having had a losing quarter or a losing year through 2004. Bibliography lists 5 sources.
Page Count:
6 pages (~225 words per page)
File: CC6_KSairSWAecon.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
Airlines reported in February 2005 that in 2004 the company "posted a profit for its 32nd consecutive year, and 55th consecutive quarter. Southwests 2004 profit of $313 million exceeded our
2003 profit" (Southwest Airlines Form 10-K, 2005). As has been the case throughout much of Southwests history, it managed this feat through excellent and solid management. Without the
benefit of its prescient hedging activities in the past allowing it currently to buy fuel at prices far below market price, Southwest would have experienced its first losing quarter in
2004 and perhaps a losing year as well (Gimbel, 2005). Leading Indicators The economy has not been kind to the airline industry.
At the end of the longest period of economic expansion in US history, the economy was teetering on the brink of "correction" on September 10, 2001. The terrorist attacks
the following day pushed it over that brink. The travel industry was hit especially hard, for not only did it suffer the effects of economic pressures that would have
occurred with recession anyway, it also had to deal with suspension of all flights over the US for a brief period of time and deep recession in the travel industry
worldwide as passengers expressed fear of flying as never before. Southwest suffered less than most in the short term. Always fiscally conservative
and the example of what a well-managed airline looks like, Southwest was able to weather the economic effects of September 11 far better than most of its competitors. Now
however, four of its leading competitors are operating under Chapter 11 bankruptcy protection and have been able to secure impressive concessions from labor unions and their employees; one even suspended
...