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LUV Southwest Airlines Co

25.95
-0.89 (-3.32%)
After Hours
Last Updated: 00:38:08
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Share Name Share Symbol Market Type
Southwest Airlines Co NYSE:LUV NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.89 -3.32% 25.95 26.565 25.925 26.45 13,923,620 00:38:08

Southwest Airlines Reports December Traffic

10/01/2017 11:30am

PR Newswire (US)


Southwest Airlines (NYSE:LUV)
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DALLAS, Jan. 10, 2017 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its December, fourth quarter, and total year preliminary traffic statistics.

The Company flew 10.4 billion revenue passenger miles (RPMs) in December 2016, an increase of 4.2 percent from the 10.0 billion RPMs flown in December 2015. Available seat miles (ASMs) increased 4.8 percent to 12.6 billion in December 2016, compared with December 2015 ASMs of 12.1 billion. The December 2016 load factor was 82.6 percent, compared with 83.0 percent in December 2015. Based on these results and an improvement in close-in yields, the Company now estimates its fourth quarter 2016 operating revenue per ASM (RASM) will decline in the 3.0 to 4.0 percent range, as compared with fourth quarter 2015.

This release, as well as past news releases about Southwest Airlines Co., is available online at Southwest.com.

 

Southwest Airlines Co.

Preliminary Comparative Traffic Statistics


DECEMBER


2016


2015


Change

Revenue passengers carried

10,561,159


10,105,907


4.5%

Enplaned passengers

12,845,248


12,371,034


3.8%

Revenue passenger miles (000s)

10,445,407


10,020,969


4.2%

Available seat miles (000s)

12,645,787


12,068,272


4.8%

Load factor

82.6%


83.0%


(0.4) pts.

Average length of haul

989


992


(0.3)%

Trips flown

111,765


108,208


3.3%







FOURTH QUARTER


2016


2015


Change

Revenue passengers carried

32,006,767


30,368,454


5.4%

Enplaned passengers

38,779,938


37,039,737


4.7%

Revenue passenger miles (000s)

31,366,176


29,727,972


5.5%

Available seat miles (000s)

37,147,109


35,367,574


5.0%

Load factor

84.4%


84.1%


0.3 pts.

Average length of haul

980


979


0.1%

Trips flown

329,740


319,178


3.3%







TOTAL YEAR


2016


2015


Change

Revenue passengers carried

124,719,765


118,171,211


5.5%

Enplaned passengers

151,740,357


144,574,882


5.0%

Revenue passenger miles (000s)

124,797,986


117,499,879


6.2%

Available seat miles (000s)

148,522,051


140,501,409


5.7%

Load factor

84.0%


83.6%


0.4 pts.

Average length of haul

1,001


994


0.7%

Trips flown

1,311,149


1,267,358


3.5%

 

SW-T

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/southwest-airlines-reports-december-traffic-300388217.html

SOURCE Southwest Airlines Co.

Copyright 2017 PR Newswire

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