What is Southwest Airlines Co Total Aircraft in Service #?
Total Aircraft in Service # is an indicator which measures the capacity of airlines.
Southwest Airlines Co's Total Aircraft in Service # for the quarter that ended in Mar. 2024 was 819.00
, which is higher than
817.00 for the pervious quarter ended in Dec. 2023.
Southwest Airlines Co's Total Aircraft in Service # for the annual that ended in Dec. 2023 was 817.00
, which is higher than
770.00 for the pervious year ended in Dec. 2022.
The historical rank and industry rank for Southwest Airlines Co's Total Aircraft in Service # or its related term are showing as below:
Southwest Airlines Co's Aircraft Leased # for the quarter that ended in Mar. 2024 was 80.00
, which is lower than
81.00 for the pervious quarter ended in Dec. 2023.
Southwest Airlines Co's Aircraft Leased # for the annual that ended in Dec. 2023 was 81.00
, which is lower than
94.00 for the pervious year ended in Dec. 2022.
Southwest Airlines Co's Aircraft Owned # for the quarter that ended in Mar. 2024 was 739.00
, which is higher than
736.00 for the pervious quarter ended in Dec. 2023.
Southwest Airlines Co's Aircraft Owned # for the annual that ended in Dec. 2023 was 736.00
, which is higher than
676.00 for the pervious year ended in Dec. 2022.
Southwest Airlines Co Total Aircraft in Service # Historical Data
The historical data trend for Southwest Airlines Co's Total Aircraft in Service # can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
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Southwest Airlines Co Total Aircraft in Service # Chart
Competitive Comparison of Southwest Airlines Co's Total Aircraft in Service #
For the Airlines subindustry, Southwest Airlines Co's Total Aircraft in Service #, along with its competitors' market caps and Total Aircraft in Service # data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Southwest Airlines Co (NYSE:LUV) Total Aircraft in Service # Explanation
Total Aircraft in Service # might be directly purchased or leased by the airline. Instead of spending large amounts of money on buying aircrafts, some airlines opt to lease aircrafts from an aircraft lessor. For example, lessors purchase planes from manufacturers like Airbus and Boeing and lease them to airlines for a monthly rental over a fixed period.
There are two main reasons for airlines to lease instead of buy: to operate aircraft without the financial burden of buying them, and to provide a temporary increase in capacity. The airline industry has two main leasing types: wet-leasing, also known as short-term lease, and dry-leasing, which is more normal for longer-term leases.
Southwest Airlines Co Total Aircraft in Service # Related Terms
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Southwest Airlines Co (Southwest Airlines Co) Business Description
Southwest Airlines is the largest domestic air carrier in the United States by passengers boarded. Southwest operates over 700 aircraft in an all-Boeing 737 fleet. Despite offering some longer routes and a few perks for business travelers, the airline predominantly specializes in short-haul, leisure flights, using a point-to-point network. Southwest operates a low-cost carrier business model.
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