Revenue Insights: Southwest Airlines Co. and China Eastern Airlines Corporation Limited Performance Compared

Airline Revenue Trends: A Decade of Growth and Resilience

__timestampChina Eastern Airlines Corporation LimitedSouthwest Airlines Co.
Wednesday, January 1, 20149018500000018605000000
Thursday, January 1, 20159396900000019820000000
Friday, January 1, 20169890400000020425000000
Sunday, January 1, 201710247500000021171000000
Monday, January 1, 201811521000000021965000000
Tuesday, January 1, 201912079600000022428000000
Wednesday, January 1, 2020584700000009048000000
Friday, January 1, 20216688700000015790000000
Saturday, January 1, 20224611100000023814000000
Sunday, January 1, 202311374100000026091000000
Monday, January 1, 202427483000000
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Unleashing insights

A Tale of Two Airlines: Revenue Trends from 2014 to 2023

In the ever-evolving aviation industry, revenue performance is a key indicator of an airline's success. Over the past decade, Southwest Airlines Co. and China Eastern Airlines Corporation Limited have showcased contrasting revenue trajectories. From 2014 to 2019, China Eastern Airlines experienced a steady growth, peaking in 2019 with a 34% increase from 2014. However, the pandemic in 2020 caused a sharp decline, with revenues dropping by over 50% compared to the previous year. Despite this setback, China Eastern rebounded by 2023, achieving a revenue close to its 2019 peak.

Southwest Airlines, on the other hand, demonstrated a more stable growth pattern, with revenues increasing by approximately 40% from 2014 to 2023. The airline's resilience during the pandemic is notable, with a quicker recovery in 2021 and a significant 65% revenue increase by 2023 compared to 2020. These insights highlight the dynamic nature of the airline industry and the resilience of these two giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025