SOUTHWEST AIRLS CO

Ticker: LUV CUSIP: 844741108 Class: COM

Teewinot Capital Advisers, L.L.C.'s Holding History (CIK: 0001574886)

Note: Option positions (PUT/CALL) are excluded.

Q1 2017

Shares 43,017 Value ($000) $2,313 Avg Close $48.27 Range $43.70 - $53.54

Q4 2016

Shares 75,105 Value ($000) $3,743 Avg Close $40.16 Range $33.04 - $46.03

Q3 2016

Shares 64,911 Value ($000) $2,524 Avg Close $33.98 Range $31.62 - $40.18

Q2 2016

Shares 41,311 Value ($000) $1,620 Avg Close $38.15 Range $32.57 - $42.75

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2017	43,017	$2,313	$48.27	$43.70 - $53.54
Q4 2016	75,105	$3,743	$40.16	$33.04 - $46.03
Q3 2016	64,911	$2,524	$33.98	$31.62 - $40.18
Q2 2016	41,311	$1,620	$38.15	$32.57 - $42.75