Skip to content
Back to Guavy Wire
Stocks

Southwest Begins Phasing Out 737-700 Fleet Amid New Aircraft Arrivals

Instruments
BA
Share

Southwest Airlines, the world's largest customer for the Boeing 737, is slowly retiring its 737-700 fleet. The airline has been operating the type since its first flight in 1971 and has taken delivery of 514 units. However, with newer aircraft arriving to replace them, the 737-700's days are numbered.

Southwest was a launch operator for the 737-700 and the 737NG as a whole in 1997. The airline had accumulated 126 firm orders for the 737-700 at the time, along with 62 options. Over the years, Southwest ordered 361 737-700s directly from Boeing, leased 17 examples from ILFC, and acquired an additional 74 units through the second-hand market.

Despite its success, the 737-700 has been gradually replaced by larger aircraft in Southwest's fleet. The airline's preference for smaller planes is largely driven by operational simplicity and commercial strategy. However, with growing constraints in key operating bases, the carrier began to experiment with larger aircraft in the 2010s.

More on Stocks

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc