Southwest Airlines' mission is to provide high quality customer service with warmth, friendliness and company spirit. The airline was founded to take advantage of deregulation and provide low-cost intrastate service in Texas. Over time, Southwest expanded its routes and grew rapidly while maintaining low fares and a focus on customer satisfaction. The airline industry is highly competitive, with airlines competing on factors like fares, service, flight frequency and reacting quickly to competitors. The future holds both opportunities for Southwest to continue growing but also challenges from rising fuel costs and more competition.