Southwest Airlines Net Income

Net Income of Southwest Airlines 2001-2021

Amounts are in $ millions.

YearNet Income/loss ($mn)
2021$977
2020$(3,074)
2019$2,300
2018$2,465
2017$3,357
2016$2,183
2015$2,181
2014$1,136
2013$754
2012$421
2011$178
2010$459
2009$99
2008$178
2007$645
2006$499
2005$484
2004$215
2003$372 
2002$188
2001$511

2021: In 2021, Southwest Airlines generated positive net income of $977 million compared to a net loss of $3,074 million in the previous year. The company experienced a significant growth in its net operating revenue in 2021 compared to the previous year. Its net operating revenues in 2021 remained $15.8 billion compared to $9.05 billion in 2020.

Southwest Airlines, one of the leading airlines companies operating in the United States, experienced net loss in 2020 caused mainly by the pandemic.

The company experienced a net loss of $3.1 billion in 2020, compared to a net income of $2.3 billion in 2019.

Net Income of Southwest Airlines was $2,465 million in 2018 compared to $3,357 million in 2017.

Southwest is the largest domestic carrier based in the US. It carried more than 163 million passengers in 2018. Net Revenue of Southwest for 2018 was $21.97 billion.