Southwest Airlines Co. has recently received a "sell" rating from UBS due to concerns about its performance in the competitive market.
The majority of Southwest's revenue, 89.9% of net sales, comes from passenger transportation, while cargo transportation only contributes 0.7%. The remaining 9.4% of revenue comes from other activities.
Southwest Airlines operates a fleet of 770 aircraft, making it a significant player in the aviation industry. The downgrade by UBS suggests potential challenges for the airline, leading investors to reconsider their positions in light of market dynamics.