The world’s biggest airline by market value, Southwest Airlines, is a major U.S. low-cost carrier headquartered in Dallas, Texas and serves 121 destinations across the U.S., Mexico, and Central America.
Expansion of Southwest Airlines
After the merger of Orlando-based AirTran Airways in late 2014 under the Southwest Airlines brand, the company’s operating income almost doubled, from 2.2 billion U.S. dollars to 4.1 billion U.S. dollars in 2015. The merger also provided growth on the domestic passenger market. In 2015, Southwest Airlines became the leading carrier in terms of market share and surpassed its main competitors, American Airlines and Delta Air Lines. The airline couldn't managed to keep its domestic supremacy in 2021.
Impact of COVID-19 on the airline's performance
The coronavirus pandemic heavily impacted the airline's performance; in 2021 the low-cost airline carried over 99 million passengers and had a capacity of 132 billion available seat miles (ASMs). Travel restrictions enabled the airline to lower its operating expenses to 14 billion U.S. dollars in 2021. Its main hubs were Denver International Airport and Chicago Midway, with nine and 7.7 million Southwest passengers handled at the respective airports.
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In the following 5 chapters, you will quickly find the 27 most important statistics relating to "Southwest Airlines".