What is Southwest Airlines Co Cost per Available Seat Mile (Cents)?
Cost per Available Seat Mile (Cents) reflects the costs incurred by an airline to fly a single-seat mile. Generally, the lower the value, the more profitable and efficient the airline.
Southwest Airlines Co's Cost per Available Seat Mile (Cents) for the quarter that ended in Dec. 2023 was 15.78
, which higher from pervious quarter (Sep. 2023)'s result by 8.75%.
Southwest Airlines Co's Cost per Available Seat Mile (Cents) for the annual that ended in Dec. 2023 was 13.88
, which lower from pervious year (Dec. 2022)'s result by 9.64%.
The historical rank and industry rank for Southwest Airlines Co's Cost per Available Seat Mile (Cents) or its related term are showing as below:
LUV's Cost per Available Seat Mile (Cents) is not ranked *
in the Transportation industry.
Industry Median: * Ranked among companies with meaningful Cost per Available Seat Mile (Cents) only.
Southwest Airlines Co Cost per Available Seat Mile (Cents) Historical Data
The historical data trend for Southwest Airlines Co's Cost per Available Seat Mile (Cents) 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.
* Premium members only.
Southwest Airlines Co Cost per Available Seat Mile (Cents) Chart
Competitive Comparison of Southwest Airlines Co's Cost per Available Seat Mile (Cents)
For the Airlines subindustry, Southwest Airlines Co's Cost per Available Seat Mile (Cents), along with its competitors' market caps and Cost per Available Seat Mile (Cents) 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) Cost per Available Seat Mile (Cents) Explanation
Cost per Available Seat Mile (Cents) reflects the costs incurred by an airline to fly a single-seat mile, which is obtained by dividing the operating costs of an airline by Available Seat Miles (Mil). It is a widely used measurement to compare the efficiency of airlines. It can be combined with Total Revenue per Available Seat Mile (Cents) to arrive at a revenue-to-expense comparison, which can be helpful when compared with competitors or benchmarks.
Moreover, although Cost per Available Seat Mile (Cents) is a comprehensive measurement of airline costs, it’s important that investors are aware of its composition. For example, it’s not as reliable because it excluded several important non-operating expenses and some carriers exclude fuel costs from operating expenses.
Southwest Airlines Co Cost per Available Seat Mile (Cents) Related Terms
Thank you for viewing the detailed overview of Southwest Airlines Co's Cost per Available Seat Mile (Cents) provided by GuruFocus.com. Please click on the following links to see related term pages.
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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