Comparing SG&A Expenses: United Airlines Holdings, Inc. vs Ryanair Holdings plc Trends and Insights

A Tale of Two Airlines: SG&A Expenses Over a Decade

In the competitive skies of the airline industry, managing costs is crucial. This analysis compares the Selling, General, and Administrative (SG&A) expenses of United Airlines Holdings, Inc. and Ryanair Holdings plc from 2014 to 2023. Over this period, United Airlines consistently reported higher SG&A expenses, peaking in 2023 with a 44% increase from 2014. In contrast, Ryanair's expenses grew more modestly, with a notable 292% rise by 2024. The pandemic year of 2020 saw a dramatic drop in United's expenses by 72%, while Ryanair's expenses remained relatively stable. This divergence highlights differing strategies and market conditions faced by these giants. As the industry rebounds, understanding these trends offers insights into operational efficiencies and strategic priorities. Missing data for United in 2024 suggests ongoing adjustments in financial reporting or strategy.