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SOUTHWEST AIRLINES CO.

(LUV)
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Southwest Airlines: Ontario, CA, to Austin in 2022

09/17/2021 | 08:44am EDT

Ontario, California -- The announcement from Southwest Airlines that the low-cost carrier will fly daily nonstop from Ontario International Airport (ONT) to Austin (AUS) starting in March 2022 is welcome news for the Southern California gateway and the Inland Empire.

Southwest will offer flights between ONT and Austin-Bergstrom International Airport daily on the following schedule effective March 10, 2022.

Flt # Origin	Destination	Departure	Arrival		Frequency		Aircraft
1204	ONT	AUS		10:55 a.m.	3:35 p.m.	Mon - Fri & Sun	737-700
474	ONT	AUS		9:50 a.m.	2:30 p.m.	Sat			737-700
1739	AUS	ONT		4:35 p.m.'	5:55 p.m.	Mon- Fri & Sun		737-700
257	AUS	ONT		2:55 p.m.	4:10 p.m.	Sat			737-700

The new flights are available for booking immediately at southwest.com.

'The addition of the Texas state capital to our route map is welcomed news and further indication of confidence by ONT's largest air carrier,' said Alan D. Wapner, President of the OIAA Board of Commissioners. 'It is also another sign ONT's recovery from the COVID-19 pandemic is well underway and gaining momentum.'

Announcement of the new Southwest flights comes as ONT continues to experience an impressive pandemic recovery. In August, ONT reported passenger traffic was within 7% of pre-COVID levels.

(C) 2021 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2021 15 314 M - -
Net income 2021 567 M - -
Net cash 2021 2 629 M - -
P/E ratio 2021 44,7x
Yield 2021 -
Capitalization 28 789 M 28 789 M -
EV / Sales 2021 1,71x
EV / Sales 2022 1,08x
Nbr of Employees 54 448
Free-Float 66,4%
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Mean consensus BUY
Number of Analysts 21
Last Close Price 48,66 $
Average target price 64,30 $
Spread / Average Target 32,1%
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Managers and Directors
Gary C. Kelly Chairman & Chief Executive Officer
Michael G. van de Ven President & Chief Operating Officer
Tammy Romo CFO, Principal Accounting Officer & Executive VP
Landon Nitschke Senior Vice President-Technical Operations
Kathleen A. Merill Chief Information & Technology Officer, Senior VP