Southwest airlines practices conscious capitalism

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There are many different examples that show how Southwest Airlines practices conscious capitalism. Southwest Airlines practices Conscious Capitalism through several key characteristics. Southwest attempts to provide the most affordable fight to their customers. One way they attempt to do this is giving their customers free 2 check bags and carry one. South West Airlines is one of the few airlines that still offer this services, but it proves that they do relay believe in their mission statement in providing affordable air travel while maintain their excellent customer services. We can also see that southwest is not only focus on making their stock holders money, but also balance their efforts to that care of their customers. Southeast also tries to take care of its own employees. " Last month, Southwest reported it shared $586 million with its 54,000 employees or an average of 13% on top of wages. Employees will receive their profit sharing soon on April 20th(Blasi, 2021) . " These are only a few ways that prove that southwest practices conscious capitalism.

Reference no: EM133870303

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