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.