Company Overview and Financial Preparedness
(in cents)
18
Proven ability to maintain reliable operations and control
costs
Domestic operating expenses per ASM, ex-fuel
30.00
25.00
$20.00
15.00
10.00
5.00
Southwest
-Legacy¹
-LCC 2
-ULCC³
2012
Southwest business model and point-to-point network provide
2021
sustainable, long-term unit cost advantages compared with the majority
of the domestic airline industry
¹Legacy airlines: American, US Airways (pre-merger), Delta, Continental, United
2LCC airlines: JetBlue, Alaska, Virgin America
3ULCC airlines: Spirit, Allegiant, Frontier (note: Frontier began its restructuring into an ULCC in 2013)
Source: DOT form 41 and T100 data, through June 30, 2021. 2012 is as of 4Q12; 2021 is as of 2Q21. Estimated unit costs have been stage-length adjusted to Southwest's average
2017 stage-length, represents domestic mainline.
Southwest'View entire presentation