Southwest Airlines 2012 Annual Report Download - page 43

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Item 1B. Unresolved Staff Comments
None.
Item 2. Properties
Aircraft
Southwest and AirTran operated a total of 694 Boeing aircraft as of December 31, 2012, of which 187 and
two were under operating and capital leases, respectively.
The following table details information on the 694 active aircraft in the Company’s combined fleet as of
December 31, 2012:
Type Seats
Average
Age
(Yrs)
Number of
Aircraft
Number
Owned (1)
Number
Leased
717-200 ................................ 117 11 88 8 80
737-300 ................................ 137 19 128 78 50
737-500 ................................ 122 22 20 11 9
737-700 ................................ 137or143 8 424 379 45
737-800 ................................ 175 <1 34 29 5
Totals .................................. 694 505 189
(1) As discussed further in Note 7 to the Consolidated Financial Statements, 112 of Southwest’s and 37 of
AirTran’s aircraft were pledged as collateral as of December 31, 2012.
In total, at January 23, 2013, Southwest and AirTran firm orders, options, and purchase rights for the
purchase of Boeing 737-700, 737-800, and 737 MAX aircraft were as follows:
737 FUTURE DELIVERY SCHEDULE
The Boeing Company
737NG
The Boeing Company
737 MAX
Total
-700
Firm
Orders
-800
Firm
Orders Options
Firm
Orders Options
2013 ........................... 20 20
2014 ........................... 5 24 15 44
2015 ........................... 36 12 48
2016 ........................... 31 12 43
2017 ........................... 30 25 4 59
2018 ........................... 25 28 15 68
2019 ........................... 33 33
2020 ........................... 34 34
2021 ........................... 34 18 52
2022 ........................... 30 19 49
2023 ........................... 23 23
2024 ........................... 23 23
2025 ........................... 23 23
Through 2027 ........................ 44 44
Total ....................... 127(a) 44 92 150(b) 150 563
(a) The Company has flexibility to substitute 737-800s or 737-600s in lieu of 737-700 firm orders.
(b) The Company has the right, under certain conditions, including Boeing’s decision to manufacture a MAX 7
aircraft, to substitute MAX 7 aircraft in place of future MAX 8 deliveries.
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