4.6% (Earnings, Hank Ketchum, Greg Auld, Erich Schnitzler) episode artwork

EPISODE · May 11, 2026 · 34 MIN

4.6% (Earnings, Hank Ketchum, Greg Auld, Erich Schnitzler)

from The SWAPA Number · host SWAPA

Today's SWAPA Number is 4.6 as in 4.6%. That was Southwest Airlines operating margin in the first quarter of 2026. That's the best first quarter margin that the company has produced since before the pandemic. So today, we'll take a look at the company's financial performance, how its revenue initiatives have played out and where we go from here. Joining us today are SWAPA Second Vice President, Hank Ketchum, as well as Erich Schnitzler and Greg Auld from the Economic and Financial Analysis Committee. We've also included a companion piece that defines some of the financial terms that we'll be talking about today. So please take a look at that to help follow along if you didn't major in finance.If you have any feedback for us at all, please drop us a line at [email protected] or tap here to send us a text.Follow us online:Twitter - https://twitter.com/swapapilotsFacebook - https://www.facebook.com/swapa737

Today's SWAPA Number is 4.6 as in 4.6%. That was Southwest Airlines operating margin in the first quarter of 2026. That's the best first quarter margin that the company has produced since before the pandemic. So today, we'll take a look at the company's financial performance, how its revenue initiatives have played out and where we go from here. Joining us today are SWAPA Second Vice President, Hank Ketchum, as well as Erich Schnitzler and Greg Auld from the Economic and Financial Analysis Co...

NOW PLAYING

4.6% (Earnings, Hank Ketchum, Greg Auld, Erich Schnitzler)

0:00 34:08

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Frequently Asked Questions

How long is this episode of The SWAPA Number?

This episode is 34 minutes long.

When was this The SWAPA Number episode published?

This episode was published on May 11, 2026.

What is this episode about?

Today's SWAPA Number is 4.6 as in 4.6%. That was Southwest Airlines operating margin in the first quarter of 2026. That's the best first quarter margin that the company has produced since before the pandemic. So today, we'll take a look at the...

Can I download this The SWAPA Number episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!