Southwest Airlines: operating expenses 2011-2019

Southwest Airlines reported an operating expense of about 19.47 billion U.S. dollars in 2019. The company's operating expenses increased incrementally since 2015 and include costs such as maintenance, luggage handling, airport fees, and marketing.  

  

Southwest's position in the market

   Southwest has almost tripled its operating income since 2010, where it was at 988 million U.S. dollars, to over 2.96 billion U.S. dollars in 2019. The airline comprises the largest share of the domestic market in the United States, reaching 20.4 percent in 2018, more than four percentage points above its closest competitors - Delta Air Lines and American Airlines.  

  

Expenses within the airline industry: jet fuel

   The airline industry currently faces several challenges, including volatile fuel prices, which represent between 20 and 30 percent of an airline's total expenses and thus have a substantial impact on an airline's financial standing. Airlines attempt to handle this through strategies such as using more fuel-efficient fleets or price hedging.  

Southwest's operating expenses from FY 2011 to FY 2019

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Source

Release date

February 2020

Region

Worldwide

Survey time period

FY 2011 to FY 2019

Special properties

fiscal year ends December 31.

Supplementary notes

The figures have been rounded. Values from FY 2011 through FY 2014 were taken from previous editions.

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Statistics on "Southwest Airlines"

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