![Southwest Airlines Co [LUV] reports annual net loss of $465.0 million](/_next/image?url=https%3A%2F%2F10kinfo-appdata.s3.us-west-2.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FLUV.png&w=3840&q=75)
Southwest Airlines Co [LUV] reports annual net loss of $465.0 million
Company Reports Revenue of $26.1 billion
SOUTHWEST AIRLINES CO [LUV] has reported a net loss of $465.0 million for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $26.1 billion
Based in Dallas, Texas, SOUTHWEST AIRLINES CO operates in the TRANSPORT sector.
In the 12 months ended December 31, 2023, the company reported total operating revenues of $26.091 billion, showing an increase from $23.814 billion in the same period of the previous year and $15.79 billion in 2021.
Operating expenses, net of $25.867 billion in 2023, also increased compared to $22.797 billion in 2022 and $14.069 billion in 2021. This resulted in an operating income of $224 million for 2023, a decrease from $1.017 billion in 2022 and $1.721 billion in 2021.
