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Southwest Airlines Says Q3 2026 Fuel Cost Was $3.92 per Gallon; For Q4 2026 Fuel Cost Per Gallon Is Assumed To Be ~$4.553

Oct 21, 2026 · 04:52 PM ET· updated 1h ago

Third quarter 2026 fuel cost was $3.92 per gallon, above prior assumptions of $3.70 to $3.75 per gallon. Fuel expense increased by $821 million compared to the third quarter of 2025 and represented a $1.08 headwind to

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Why It Matters

Southwest paid more for jet fuel than it expected this year. When fuel costs rise, airlines spend more money, which can squeeze their profits.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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