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Operating Expenses

Aircraft maintenance materials and outside repairs

Southwest Airlines Aircraft maintenance materials and outside repairs decreased by 15.4% to $259M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 11.3%, from $292M to $259M. 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 an aging fleet or increased maintenance requirements, while a decrease could indicate a newer fleet or deferred maintenance.

Detailed definition

Covers the costs associated with maintaining the airworthiness of the fleet, including routine inspections, engine overh...

Peer comparison

Comparable across airlines, though heavily dependent on the average age and complexity of the aircraft fleet.

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$222M$250M$208M$211M$210M$204M$228M$240M$271M$326M$352M$361M$350M$335M$307M$292M$331M$299M$306M$259M
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$204M$361M
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 $259M 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 $292M to $259M.
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 $853M to $1.23B.
What does aircraft maintenance materials and outside repairs mean?
The costs required to keep aircraft in safe, working condition through repairs and parts.