Aircraft maintenance payable
Southwest Airlines Aircraft maintenance payable decreased by 24.4% to $34.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 27.7%, from $47.00M to $34.00M. Over 5 years (FY 2020 to FY 2025), Aircraft maintenance payable shows a downward trend with a -13.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests rising maintenance activity or delayed payments, while a decrease indicates the settlement of maintenance-related debts.
Detailed definition
This represents accrued liabilities for aircraft maintenance services performed by third-party vendors that have not yet...
Peer comparison
Common in capital-intensive industries like airlines; peers with older fleets or outsourced maintenance models will show higher balances.
other_aircraft_maintenance_payableHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $75.00M | $72.00M | $42.00M | $53.00M | $69.00M | $61.00M | $65.00M | $91.00M | $82.00M | $121.00M | $140.00M | $151.00M | $140.00M | $31.00M | $33.00M | $47.00M | $49.00M | $43.00M | $45.00M | $34.00M |
| QoQ Change | — | -4.0% | -41.7% | +26.2% | +30.2% | -11.6% | +6.6% | +40.0% | -9.9% | +47.6% | +15.7% | +7.9% | -7.3% | -77.9% | +6.5% | +42.4% | +4.3% | -12.2% | +4.7% | -24.4% |
| YoY Change | — | — | — | — | -8.0% | -15.3% | +54.8% | +71.7% | +18.8% | +98.4% | +115.4% | +65.9% | +70.7% | -74.4% | -76.4% | -68.9% | -65.0% | +38.7% | +36.4% | -27.7% |
Aircraft maintenance payable at Other Companies
Frequently Asked Questions
- What is Southwest Airlines's aircraft maintenance payable?
- Southwest Airlines (LUV) reported aircraft maintenance payable of $34.00M in Q1 2026.
- How has Southwest Airlines's aircraft maintenance payable changed year-over-year?
- Southwest Airlines's aircraft maintenance payable decreased by 27.7% year-over-year, from $47.00M to $34.00M.
- What is the long-term trend for Southwest Airlines's aircraft maintenance payable?
- Over 5 years (2020 to 2025), Southwest Airlines's aircraft maintenance payable has grown at a -13.9% compound annual growth rate (CAGR), from $95.00M to $45.00M.
- What does aircraft maintenance payable mean?
- Unpaid bills for aircraft maintenance services provided by external vendors.