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For the geographical region, see South China. China Southern Airlines Company Limited is an airline headquartered in Baiyun District, Guangzhou, Guangdong Province, China. It is the world's fourth-largest airline measured by passengers carried and Asia's largest airline in fleet size, revenue and passengers carried.
Southwest Airlines' Business Model Could Soon Be the Industry Standard. Southwest Airlines Co. (LUV) has become the darling of the U.S. airline industry (and its investors) since its inception in 1966. With a focus on commuter benefits, low airfares and efficient operations, it is known as one of the best airline companies in the entire industry.