Southwest Airlines Operating Expenses

Operating Expenses of Southwest Airlines 2005-2021

Amounts are in $ millions.

YearOperating Expenses ($mn)
2021$14,069
2020$12,864
2019$19,471
2018$18,759
2017$17,739
2016$16,767
2015$15,821
2014$16,437
2013$16,421
2012$16,465
2011$14,965
2010$11,116
2009$10,088
2008$10,574
2007$9,070
2006$8,152
2005$6,859

2021: In 2021, the operating expenses of Southwest Airlines were $14.07 billion compared to $12.9 billion in the previous year. Its operating revenues for 2021 grew to $15.8 billion compared to $9.05 billion in 2020.

In 2020, the operating expenses of Southwest Airlines were down to $12,864 million compared to $19,471 million in 2019.

The company experienced a decline in its net revenues in 2020 and a net loss of $3.1 billion caused by the pandemic. Its net revenues declined to $9.05 billion in 2020 from $22.43 billion in 2019. 

 The operating expenses of Southwest Airlines in 2018 grew 5.8% year over year to $18.8 billion. The change was driven almost entirely by higher jet fuel prices.