Southwest Airlines Reports June Traffic

09 Jul, 2014, 08:45 ET from Southwest Airlines

DALLAS, July 9, 2014 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) announced today that the Company flew 10.1 billion revenue passenger miles (RPMs) in June 2014, a 2.2 percent increase from the 9.8 billion RPMs flown in June 2013.  Available seat miles (ASMs) increased 0.9 percent to 11.7 billion from the June 2013 level of 11.6 billion.  The June 2014 load factor was 86.1 percent, compared to 85.0 percent in June 2013.  For June 2014, passenger revenue per ASM (PRASM) is estimated to have increased in the seven to eight percent range as compared to June 2013. 

For the second quarter of 2014, the Company flew 28.6 billion RPMs, compared to 27.9 billion RPMs flown for the same period in 2013, an increase of 2.4 percent.  Second quarter ASMs decreased 0.4 percent to 34.1 billion from second quarter 2013 ASMs of 34.2 billion. The second quarter load factor was 83.9 percent, compared to 81.6 percent for the same period in 2013. The Company currently expects the year-over-year increase in second quarter 2014 PRASM to exceed eight percent as compared to second quarter 2013.

For the first half of 2014, the Company flew 52.7 billion RPMs, compared to 51.7 billion RPMs flown for the same period in 2013, an increase of 2.0 percent. Year-to-date ASMs decreased 0.7 percent to 64.6 billion from 65.0 billion for the same period in 2013.  The year-to-date load factor was 81.7 percent, compared to 79.5 percent for the same period in 2013.

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

JUNE

2014

2013

Change

Revenue passengers carried

10,068,625

9,909,894

1.6%

Enplaned passengers

12,357,793

12,239,506

1.0%

Revenue passenger miles (000s)

10,066,937

9,846,172

2.2%

Available seat miles (000s)

11,692,896

11,588,034

0.9%

Load factor

      86.1%

   85.0%

1.1 pts.

Average length of haul

1,000

994

0.6%

Trips flown

109,758

113,989

(3.7)%

SECOND QUARTER

2014

2013

Change

Revenue passengers carried

29,155,114

28,960,367

0.7%

Enplaned passengers

35,790,140

35,530,779

0.7%

Revenue passenger miles (000s)

28,589,997

27,929,506

2.4%

Available seat miles (000s)

34,096,212

34,231,243

(0.4)%

Load factor

83.9%

81.6%

2.3 pts.

Average length of haul

981

964

1.8%

Trips flown

327,343

343,592

(4.7)%

YEAR-TO-DATE

2014

2013

Change

Revenue passengers carried

54,210,923

54,164,301

0.1%

Enplaned passengers

66,446,721

66,243,404

0.3%

Revenue passenger miles (000s)

52,745,314

51,686,249

2.0%

Available seat miles (000s)

64,570,794

65,032,668

(0.7)%

Load factor

81.7%

79.5%

2.2 pts.

Average length of haul

973

954

2.0%

Trips flown

626,981

662,106

(5.3)%

SOURCE Southwest Airlines



RELATED LINKS

http://www.southwest.com