3 of 5
BACKNEXT
3. Southwest Airlines
Southwest Airlines
Unlike other airlines, Southwest hasn't resorted to tacking on many new fees to support its business. While the airline does charge for additional services such as flying pets, Southwest has taken the stance that it's worth the gain in customer loyalty to forgo the added cash from extra fees. Customers won't pay to change or cancel their tickets on Southwest as they do on almost every other carrier.

Southwest has tapped into new revenue through initiatives like its "Early Bird" program where passengers can pay $10 more to guarantee early check-in. Southwest also launched a new version of its frequent flier program, Rapid Rewards, at the beginning of March, with no blackout dates for flights and a plan to keep points from expiring.

The company has generally done well since it began operating in the 1970s. In the midst of the recession, it has stayed profitable by adding new routes at the same time as reducing the total number of flights, enabling it to cut costs and still tap into new markets.



NEXT: Lufthansa
Last updated March 30 2011: 1:06 PM ET
Top 50 winners Which companies have the best reputations? Apple tops the list for the third year in a row. Who else made the top 50 this year? More
Full list: 350 Most AdmiredAdmiration from consumers is great, but the true test of respect is approval from the competition. See how 350 top companies rate in 9 key areas. More
8 green stars Turning plants into bottles? Putting airline cabins on a diet? Meet 8 that are devising creative ways to make their firms greener. More

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.