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Southwest Airlines (LUV)
NYSE:LUV
US Market
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Southwest Airlines (LUV) Average Passenger Fare

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Average Passenger Fare

Reveals the average price paid by passengers, offering insights into pricing strategy and market competitiveness.
Fares recovered post‑pandemic with expected seasonal peaks, but early‑2026 shows a clear step‑up that holds into Q2 — signaling renewed pricing power or deliberate capacity discipline rather than a temporary spike. That creates a tangible revenue‑per‑passenger tailwind and potential margin upside if costs stay contained; however, it raises exposure to demand elasticity and competitive pressure, so watch load factors and unit revenues to judge sustainability.
Date
Average Passenger Fare
Jun 30, 2026
$225.61
Mar 31, 2026
$225.93
Dec 31, 2025
$199.36
Sep 30, 2025
$182.56
Jun 30, 2025
$186.65
Mar 31, 2025
$193.75
Dec 31, 2024
$184.81
Sep 30, 2024
$175.97
Jun 30, 2024
$178.94
Mar 31, 2024
$173.76