Southwest Airlines: operating expenses 2011-2023
Southwest Airlines reported an operating expense of about 25.9 billion U.S. dollars in 2023. The company's operating expenses increased incrementally from 2015 before declining in 2020. Operating expenses started increasing again in 2021 and outpaced pre-pandemic operating expenses in 2022, achieving an all-time high of the recorded period in 2023. Operating expenses include costs such as maintenance, luggage handling, airport fees, and marketing.