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About the Company

Pacific Southwest Airlines (PSA) was a low-cost US airline headquartered in San Diego, California, that operated from 1949 to 1988. It was the first substantial scheduled discount airline. PSA called itself "The World's Friendliest Airline" and painted a smile on the nose of its airplanes, the PSA Grinningbirds. The Los Angeles Times called PSA "practically the unofficial flag carrier airline of California for almost forty years." For three quarters of its existence, PSA operated as a California intrastate airline. PSA's early success as an intrastate airline served as a model for Southwest Airlines, which did in Texas what PSA had done in California. After the Airline Deregulation Act of 1978, PSA expanded to cities in other US western states and Mexico. However, PSA's performance in the new deregulated era was disappointing relative to that of Southwest and PSA's former fellow California intrastate carrier AirCal. In 1986, USAir agreed to purchase PSA, the transaction closed in 1987 and PSA was integrated into USAir in 1988. The PSA acquisition gave USAir a network on the West Coast, but by 1991 USAir had largely withdrawn from California in the face of fierce fare wars driven, in significant part, by the spread of Southwest. US Airways purchased American Airlines in 2015, retaining the American name. Today's American Airlines Group continues to protect the PSA name and trademark by using it as a name for a regional airline subsidiary, PSA Airlines. PSA did not survive for long after deregulation, but its influence lives on through the continued success of Southwest.

Sector

Trade & Services

Industry

Services-Business Services, NEC

Employees

1441

Exchange

Nasdaq

$481M

Total Revenue

1K

Employees

$0M

Market Capitalization

-38.87

Price/Earning ratio

Fundamental Data and Insider Transactions (Quarterly data) Full Screen

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Latest $ACVA News

ACV Auctions adds services for vehicles purchased outside its platform

on MSN ago, source:

ACV Auctions Inc. expands its transportation services, offering competitive pricing and enhanced efficiency through AI and ...

ACV's 2024 proxy statement reveals board makeup, pay and more

8d ago, source:

ACV's annual proxy statement offers a peek under the hood of one of Buffalo's biggest startup success stories so far.

Introducing the 13th class of 30 Under 30 winners, one by one

12h ago, source:

The 13th class of Business First's 30 Under 30 includes doctors, entrepreneurs, attorneys and educators. What do they all ...

ACV now provides transport & logistics on vehicles bought through other platforms

11d ago, source: Auto Remarketing

ACV has expanded yet again, but this time, it’s within the vehicle transport and logistics side of the business. The company ...

ACV Transportation Expands Services to Vehicles Purchased Outside of the ACV Platform

11d ago, source:

ACV (Nasdaq: ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial clients, continues to support the evolving transportation service needs of its ...

What's happening this week in Buffalo Niagara business?

4d ago, source: Buffalo News

The worker shortage is easing across Buffalo Niagara. With mortgage rates high, local homeowners are staying put. The Buffalo ...

Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: PulteGroup (PHM), Beyond Inc (BYON) and General Motors (GM)

3d ago, source:

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on PulteGroup (PHM – Research Report), ...

Benefit auction supports kids and features exciting adventures and items

2d ago, source: WBIW

Youth First impacts thousands of students annually, and the community is invited to help by supporting its benefit auction.

Online Auction for “Unbridled Art” Auction Starts Tomorrow

3d ago, source: KAMR Amarillo on MSN

It’s a time to check out a number of horse-themed art items while giving back to Dove Creek Equine Rescue as they host the ...

The Enthusiast Auction is a car lover paradise in historic Auburn

3d ago, source: wfft

AUBURN, Ind. (WFFT) - Worldwide Auctioneers is hosting the annual Enthusiast Auction in historic Auburn. The event will be ...

Cintas declares $1.35 dividend

on MSN ago, source:

Cintas (NASDAQ:CTAS) declared $1.35/share quarterly dividend, in line with previous. Forward yield 0.8% Payable June 14; for shareholders of record May 15; ex-div May 14. See CTAS Dividend Scorecard, ...

BAE Systems Expands Intelligence Capabilities with Topaz Acquisition

14d ago, source: EuropaWire

BAE Systems has bolstered its Modeling & Simulation Solutions (M&SS) portfolio by integrating Topaz Intelligence, LLC, ...

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