Southwest Airlines 2014 Annual Report Download - page 91

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are based on the Company’s public debt rating and a corresponding percentage of the Company’s Air
traffic liability.
As of December 31, 2014, the Company was in compliance with all credit card processing
agreements. However, the inability to enter into credit card processing agreements would have a
material adverse effect on the business of the Company. The Company believes that it will be able to
continue to renew its existing credit card processing agreements or will be able to enter into new credit
card processing agreements with other processors in the future.
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