Operational Costs Compared: SG&A Analysis of Delta Air Lines, Inc. and AerCap Holdings N.V.

Delta vs. AerCap: A Decade of SG&A Expense Trends

__timestampAerCap Holdings N.V.Delta Air Lines, Inc.
Wednesday, January 1, 20142999000002785000000
Thursday, January 1, 20153813080003162000000
Friday, January 1, 20163510120002825000000
Sunday, January 1, 20173482910002892000000
Monday, January 1, 20183052260003242000000
Tuesday, January 1, 20192674580003636000000
Wednesday, January 1, 2020242161000582000000
Friday, January 1, 20213178880001061000000
Saturday, January 1, 20223995300002454000000
Sunday, January 1, 20234641280002334000000
Monday, January 1, 20242485000000
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Cracking the code

A Decade of Operational Costs: Delta Air Lines vs. AerCap Holdings

In the ever-evolving aviation industry, operational efficiency is paramount. Over the past decade, Delta Air Lines, Inc. and AerCap Holdings N.V. have showcased contrasting trends in their Selling, General, and Administrative (SG&A) expenses. Delta Air Lines, a major player in the airline sector, saw its SG&A expenses peak in 2019, reaching nearly 3.6 billion USD, before plummeting by over 80% in 2020 due to the pandemic's impact. In contrast, AerCap Holdings, a leader in aircraft leasing, maintained a more stable trajectory, with a notable 55% increase in SG&A expenses from 2014 to 2023. This divergence highlights the resilience of leasing companies compared to airlines during economic downturns. As we look to 2024, Delta's expenses are rebounding, while AerCap's data remains incomplete, leaving room for speculation on future trends.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025