Operating Expenses

Aircraft maintenance materials and outside repairs

Southwest Airlines Aircraft maintenance materials and outside repairs decreased by 15.4% to $259.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 11.3%, from $292.00M to $259.00M. Over 4 years (FY 2021 to FY 2025), Aircraft maintenance materials and outside repairs shows an upward trend with a 9.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 23, 2026

How to read this metric

An increase may signal a need for more frequent repairs due to an aging fleet, while a decrease suggests a newer, more efficient fleet or improved maintenance cycles.

Detailed definition

This metric covers the costs of materials, parts, and third-party labor required to keep operational assets in safe and...

Peer comparison

Standard for transportation and heavy industry; comparable across peers based on fleet age and maintenance strategy.

Metric ID: operating_expenses_aircraft_maintenance_materials_and_repairs

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$222.00M$250.00M$208.00M$211.00M$210.00M$204.00M$228.00M$240.00M$271.00M$326.00M$352.00M$361.00M$350.00M$335.00M$307.00M$292.00M$331.00M$299.00M$306.00M$259.00M
QoQ Change+12.6%-16.8%+1.4%-0.5%-2.9%+11.8%+5.3%+12.9%+20.3%+8.0%+2.6%-3.0%-4.3%-8.4%-4.9%+13.4%-9.7%+2.3%-15.4%
YoY Change-5.4%-18.4%+9.6%+13.7%+29.0%+59.8%+54.4%+50.4%+29.2%+2.8%-12.8%-19.1%-5.4%-10.7%-0.3%-11.3%
Range$204.00M$361.00M
CAGR+3.3%
Avg YoY Growth+10.3%
Median YoY Growth+1.2%

Aircraft maintenance materials and outside repairs at Other Companies

Frequently Asked Questions

What is Southwest Airlines's aircraft maintenance materials and outside repairs?
Southwest Airlines (LUV) reported aircraft maintenance materials and outside repairs of $259.00M in Q1 2026.
How has Southwest Airlines's aircraft maintenance materials and outside repairs changed year-over-year?
Southwest Airlines's aircraft maintenance materials and outside repairs decreased by 11.3% year-over-year, from $292.00M to $259.00M.
What is the long-term trend for Southwest Airlines's aircraft maintenance materials and outside repairs?
Over 4 years (2021 to 2025), Southwest Airlines's aircraft maintenance materials and outside repairs has grown at a 9.5% compound annual growth rate (CAGR), from $853.00M to $1.23B.
What does aircraft maintenance materials and outside repairs mean?
The cost of parts and external labor required to maintain and repair operational equipment.