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Enplaned Passengers
Counts the number of passengers boarding flights, reflecting the airline's capacity utilization and market reach.Enplanements recovered sharply from 2021 and settled into a clear seasonal pattern—consistent Q2 highs and March troughs—but volume growth has largely plateaued since 2023 (Q2 peaks flattening around the mid‑40 millions). That means Southwest’s top‑line upside now depends more on yields, ancillary revenue and capacity discipline than further passenger growth; persistent spring troughs are the most likely quarter-to-quarter risk if demand softens or capacity is reduced.
Date | Enplaned Passengers |
|---|---|
Jun 30, 2026 | 44.52M |
Mar 31, 2026 | 37.28M |
Dec 31, 2025 | 43.00M |
Sep 30, 2025 | 43.81M |
Jun 30, 2025 | 44.38M |
Mar 31, 2025 | 37.14M |
Dec 31, 2024 | 42.59M |
Sep 30, 2024 | 44.71M |
Jun 30, 2024 | 47.27M |
Mar 31, 2024 | 40.90M |