Risk factors

Southwest Airlines (LUV) risk factors

Item 1A of every Southwest Airlines Co. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    27 risks6 new2 dropped15 reworded

    Southwest Airlines added new risks regarding aircraft procurement constraints, AI implementation, and anti-ESG pressure. The airline noted ongoing inflationary cost pressures and labor constraints, including a 2025 workforce reduction. Strategic shifts include introducing assigned seating, extra legroom, and bag fees.

    Filed Feb 05, 2026
  • FY2024 10-K risk factors
    23 risks

    Southwest Airlines faces significant risks from high labor costs, fuel price volatility, union negotiations, and ongoing technological dependencies.

    Filed Feb 07, 2025