Southwest Airlines: An Insight Into Its Fleet Optimization Strategy to Maximize Economic Benefits! 

Southwest Airlines reported its fourth-quarter and full-year 2024 financial performance, which reflects several strategic developments and operational adjustments. The airline’s performance in 2024 marked a pivotal year in its ongoing transformation plan dubbed “Southwest. Even Better”, aimed at improving efficiency, reducing costs, and enhancing customer experience. During the year, the airline made significant strides in operational metrics, finishing the year with an industry[1]leading completion factor and reduced flight cancellations. This operational improvement was recognized by external benchmarks, including the Wall Street Journal’s annual airline rankings. These achievements can be attributed to multiyear investments and improvements across various operational areas.