Southwest Airlines Reports March Traffic, RPMs up 1.6%

Southwest Airlines Co. LUV announced today that the Company flew 9.6 billion revenue passenger miles (RPMs) in March 2014, a 1.6 percent increase from the 9.4 billion RPMs flown in March 2013. Available seat miles (ASMs) increased 0.8 percent to 11.6 billion from the March 2013 level of 11.5 billion. The March 2014 load factor was 82.7 percent, compared to 82.0 percent in March 2013. For March 2014, passenger revenue per ASM (PRASM) is estimated to have increased approximately one percent compared to March 2013. For the first quarter of 2014, the Company flew 24.2 billion RPMs, compared to 23.8 billion RPMs flown for the same period in 2013, an increase of 1.7 percent. Year-to-date ASMs decreased 1.1 percent to 30.5 billion from 30.8 billion for the same period in 2013. The year-to-date load factor was 79.3 percent, compared to 77.1 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.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsAirlinesIndustrials
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!