Southwest Airlines Net Revenue
Net Revenue of Southwest Airlines co. 2001-2021
Amounts are in $millions.
Year | Net Revenue ($mn) |
2021 | $15,790 |
2020 | $9,048 |
2019 | $22,428 |
2018 | $21,965 |
2017 | $21,146 |
2016 | $20,289 |
2015 | $19,820 |
2014 | $18,605 |
2013 | $17,699 |
2012 | $17,088 |
2011 | $15,658 |
2010 | $12,104 |
2009 | $10,350 |
2008 | $11,023 |
2007 | $9,861 |
2006 | $9,086 |
2005 | $7,584 |
2004 | $6,530 |
2003 | $5,937 |
2002 | $5,522 |
2001 | $5,555 |
2021: In 2021, Southwest Airlines experienced significant growth in net revenues compared to the previous year. However, compared to 2019, its net revenues still remained lower. The airlines company generated $15.8 billion in net revenues in 2021 compared to $9.05 billion in 2020. Out of the total operating revenues in 2021, the company generated $14.07 billion from passenger flights and $187 million from freight operations. The company also generated $1.54 billion from other sources in 2021. Its net income in 2021 remained $977 million compared to a net loss of $3.07 billion in the previous year.
In 2020, the net revenues of Southwest Airlines, one of the leading airlines companies operating in the United States, experienced a severe decline in revenues caused by the pandemic.
Its net revenues for 2020 were down to $9,048 millions compared to $22,428 millions in 2019.
Southwest Airlines is the largest domestic carrier based in the US. The company was founded in 1971 and has 750 aircraft in its fleet. Southwest Airlines is known for its lower costs and customer service. In 2018, Southwest carried more than 163 million passengers (highest of all airlines based in the US). It uses only Boeing 737 aircraft in its fleet to manage operational costs and fuel prices.
Net Revenue of Southwest Airlines in 2018 grew to $21.97 billion compared to $21.15 billion in 2017.