Dallas-based Southwest Airlines Named No. 7 in FORTUNE Magazine’s Top 50 Most Admired Companies in the World

by PegNews wire

DALLAS — Southwest Airlines announced today to its 35,000 Employees the news that it was named as one of the Top 10 Companies in FORTUNE magazine's ranking of the World's Most Admired companies. It is the 13th consecutive year that the Dallas-based airline has been named to the Most Admired list. Southwest ranked No. 7 on the list of the 50 Most Admired Companies in the World in the March 16, 2009, issue of FORTUNE, which hit newsstands today.

Photo not provided by Southwest Airlines

In related news, the airline was lauded for its quick and timely response to in-flight reptilian incursions

"I celebrate this wonderful honor with the Employees of Southwest Airlines," said Gary Kelly, Southwest's Chairman, President, and CEO. "I'm privileged to work with the most dedicated, happy, productive, and devoted airline Employees in the world."

The ranking is determined from surveys sent to company executives, boards of directors, and analysts of multiple industries, and each Company is rated on several criteria, including quality of management, people management, use of corporate assets, financial soundness, quality of products/services, social responsibility, longterm investment, and innovation.

In addition to being named one of FORTUNE's Top 10 Most Admired Companies in the world, Southwest, which serves only the domestic United States, also ranked third in the list of the World's Most Admired Airlines.

Source: Southwest Airlines

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Russ Vandeveerdonk, says:

Fantastic! They really are a great airline and a fun airline! And it all started with handwriting on a cocktail napkin and a great idea between Muse and Herb K.!!

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9 months ago
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Chris Kidd, says:

They're a great bunch of people with a great airline to boot. I gave up on AA after my last trip to vegas due to their micropricing of everything and their mouthy air waitresses(thats what they are folks) getting testy with me about my iPod(not an iPhone)Touch. I fly SWA everywhere now.