Southwest Airlines Files Q2 2024 10-Q
Ticker: LUV · Form: 10-Q · Filed: 2024-07-29T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, airline, financials, operations
Related Tickers: AAL, UAL, DAL
TL;DR
Southwest's Q2 10-Q is in: check financials for passenger & cargo ops.
AI Summary
Southwest Airlines Co. filed its 10-Q for the period ending June 30, 2024. The filing details financial performance for the second quarter and first half of the year, including revenue from passenger and cargo operations. Key financial data and operational metrics are presented for comparison with prior periods.
Why It Matters
This filing provides investors and analysts with the official financial results and operational details for Southwest Airlines, crucial for understanding the company's current performance and future outlook.
Risk Assessment
Risk Level: medium — A 10-Q filing itself is a routine disclosure, but the financial and operational data within can reveal significant risks or opportunities for the company.
Key Numbers
- 0.02 — Other Nonoperating Income/Expense (Represents a specific financial metric reported for the period.)
- 0.0259909 — Share Price (Indicates a share-related value, likely EPS or similar.)
- 0.017 — Aircraft (Likely a per-share metric related to aircraft operations.)
Key Players & Entities
- SOUTHWEST AIRLINES CO (company) — Filer
- 20240630 (date) — Period of Report
- 20240729 (date) — Filing Date
- 2147924000 (dollar_amount) — Business Phone Number
FAQ
What were Southwest Airlines' total revenues for the second quarter of 2024?
The filing does not explicitly state total revenues for Q2 2024 in the provided snippet, but it does reference revenue from 'us-gaap:PassengerMember' and 'us-gaap:CargoAndFreightMember'.
What is the fiscal year end for Southwest Airlines?
Southwest Airlines' fiscal year ends on December 31 (1231).
When was Southwest Airlines incorporated?
Southwest Airlines was incorporated in Texas (TX).
What is the SIC code for Southwest Airlines?
The Standard Industrial Classification (SIC) code for Southwest Airlines is 4512, which corresponds to AIR TRANSPORTATION, SCHEDULED.
What is the filing date for this 10-Q?
This 10-Q filing was made on July 29, 2024 (20240729).
From the Filing
0000092380-24-000111.txt : 20240729 0000092380-24-000111.hdr.sgml : 20240729 20240726181957 ACCESSION NUMBER: 0000092380-24-000111 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 132 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240729 DATE AS OF CHANGE: 20240726 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SOUTHWEST AIRLINES CO CENTRAL INDEX KEY: 0000092380 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 741563240 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-07259 FILM NUMBER: 241148310 BUSINESS ADDRESS: STREET 1: 2702 LOVE FIELD DR STREET 2: P O BOX 36611 CITY: DALLAS STATE: TX ZIP: 75235 BUSINESS PHONE: 2147924000 MAIL ADDRESS: STREET 1: PO BOX 36611 CITY: DALLAS STATE: TX ZIP: 75235-1611 FORMER COMPANY: FORMER CONFORMED NAME: AIR SOUTHWEST CO DATE OF NAME CHANGE: 19760108 10-Q 1 luv-20240630.htm 2ND QUARTER 2024 FORM 10-Q luv-20240630 0000092380 12/31 2024 Q2 false http://fasb.org/us-gaap/2024#OtherNonoperatingIncomeExpense http://fasb.org/us-gaap/2024#OtherNonoperatingIncomeExpense http://fasb.org/us-gaap/2024#OtherNonoperatingIncomeExpense http://fasb.org/us-gaap/2024#OtherNonoperatingIncomeExpense 0.02 0.02 0.02 0.0259909 0.0270296 0.0001 0.017 xbrli:shares iso4217:USD iso4217:USD xbrli:shares luv:flight utr:gal xbrli:pure luv:aircraft luv:right 0000092380 2024-01-01 2024-06-30 0000092380 us-gaap:CommonStockMember 2024-01-01 2024-06-30 0000092380 luv:CommonStockPurchaseRightsMember 2024-01-01 2024-06-30 0000092380 2024-07-25 0000092380 2024-06-30 0000092380 2023-12-31 0000092380 us-gaap:PassengerMember 2024-04-01 2024-06-30 0000092380 us-gaap:PassengerMember 2023-04-01 2023-06-30 0000092380 us-gaap:PassengerMember 2024-01-01 2024-06-30 0000092380 us-gaap:PassengerMember 2023-01-01 2023-06-30 0000092380 us-gaap:CargoAndFreightMember 2024-04-01 2024-06-30 0000092380 us-gaap:CargoAndFreightMember 2023-04-01 2023-06-30 0000092380 us-gaap:CargoAndFreightMember 2024-01-01 2024-06-30 0000092380 us-gaap:CargoAndFreightMember 2023-01-01 2023-06-30 0000092380 us-gaap:ProductAndServiceOtherMember 2024-04-01 2024-06-30 0000092380 us-gaap:ProductAndServiceOtherMember 2023-04-01 2023-06-30 0000092380 us-gaap:ProductAndServiceOtherMember 2024-01-01 2024-06-30 0000092380 us-gaap:ProductAndServiceOtherMember 2023-01-01 2023-06-30 0000092380 2024-04-01 2024-06-30 0000092380 2023-04-01 2023-06-30 0000092380 2023-01-01 2023-06-30 0000092380 us-gaap:CommonStockMember 2023-12-31 0000092380 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000092380 us-gaap:RetainedEarningsMember 2023-12-31 0000092380 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0000092380 us-gaap:TreasuryStockCommonMember 2023-12-31 0000092380 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0000092380 us-gaap:TreasuryStockCommonMember 2024-01-01 2024-03-31 0000092380 2024-01-01 2024-03-31 0000092380 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0000092380 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0000092380 us-gaap:CommonStockMember 2024-03-31 0000092380 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0000092380 us-gaap:RetainedEarningsMember 2024-03-31 0000092380 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0000092380 us-gaap:TreasuryStockCommonMember 2024-03-31 0000092380 2024-03-31 0000092380 us-gaap:AdditionalPaidInCapitalMember 2024-04-01 2024-06-30 0000092380 us-gaap:TreasuryStockCommonMember 2024-04-01 2024-06-30 0000092380 us-gaap:RetainedEarningsMember 2024-04-01 2024-06-30 0000092380 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-04-01 2024-06-30 0000092380 us-gaap:CommonStockMember 2024-06-30 0000092380 us-gaap:AdditionalPaidInCapitalMember 2024-06-30 0000092380 us-gaap:RetainedEarningsMember 2024-06-30 0000092380 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-06-30 0000092380 us-gaap:TreasurySto