Southwest Airlines LUV Passenger non-loyalty — Total operating revenues

Other product segments

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Questions, answered.

What is Southwest Airlines's passenger non-loyalty — total operating revenues?

Southwest Airlines (LUV) reported passenger non-loyalty — total operating revenues of $5.19B in Q1 2026.

How has Southwest Airlines's passenger non-loyalty — total operating revenues changed year-over-year?

Southwest Airlines's passenger non-loyalty — total operating revenues increased by 8.9% year-over-year, from $4.77B to $5.19B.

What is the long-term trend for Southwest Airlines's passenger non-loyalty — total operating revenues?

Over 4 years (2021 to 2025), Southwest Airlines's passenger non-loyalty — total operating revenues has grown at a 15.8% compound annual growth rate (CAGR), from $11.38B to $20.44B.

What does passenger non-loyalty — total operating revenues mean?

This metric represents the total revenue generated from passenger air travel services excluding any income derived from loyalty programs or co-branded credit card partnerships. It captures the core ticket sales and ancillary fees directly associated with the transportation of passengers on scheduled flights. This figure serves as a primary indicator of the airline's fundamental demand for its core flight offerings independent of its frequent flyer ecosystem.