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How Did Airliners Perform In July?

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How Did Airliners Perform In July?

By now, most of the airlines have reported their traffic results for July. Let's look at the companies that reported July numbers.

  • Alaska Air Group Inc. (NYSE: ALK) revealed 1.4 points drop in passenger load factor from 88.1 percent to 86.7 percent in July. Its combined traffic witnessed 7.8 percent uptick on a 9.6 percent increase in capacity.
  • Allegiant Travel Company (NASDAQ: ALGT) disclosed 1.4 points fall in load factor to 88.3 percent in July. Its RPM and ASM grew 16.5 percent and 17.6 percent, respectively.
  • American Airlines Group Inc (NASDAQ: AAL) reported 2.1 percent drop in total load factor from 87.3 percent to 85.2 percent in July. While its RPMS fell 0.3 percent, ASMs advanced 2.3 percent.
  • Delta Air Lines Inc (NYSE: DAL) reported 7 percent fall in consolidated passenger unit revenue or PRASM in July. Its load factor fell 0.8 points to 87.1 percent in July.
  • Hawaiian Holdings Inc. (NASDAQ: HA) subsidiary, Hawaiian Airlines, announced 1.7 points growth in load factor to 86.2 percent in July. The Airline's RPMs and ASMs recorded 6.4 percent and 4.3 percent increase respectively.
  • JetBlue Airways Corporation (NASDAQ: JBLU) released its results. The company's traffic advanced 6.6 percent on a YOY basis driven by 5.5 percent increase in capacity. Its load factor rose 0.8 points to 87.8 in July. However, its RPASM fell about two and a half percent.
  • SkyWest Inc. (NASDAQ: SKYW) revealed 0.4 points fall in load factor to 84.7 percent in July. Its ASMs and RPMs also witnessed a downtick of 6.9 percent and 7.3 percent respectively.
  • Southwest Airlines Co (NYSE: LUV) reported a drop in load factor from 87.7 percent to 86.9 percent in July. However, its RPM and ASMs advanced 1.4 percent and 2.3 percent respectively in July.
  • Spirit Airlines Inc. (NASDAQ: SAVE) announced one percentage point growth in load factor to 89.8 percent in July. Its RPM recorded 18.4 percent growth on ASM increase of 17.1 percent.
  • United Continental Holdings, Inc. (NYSE: UAL) reported 0.5 points increase in consolidated load factor to 87.5 percent in July. Its consolidated traffic grew 1.2 percent on a capacity increase of 0.7 percent.
  • Virgin America Inc. (NASDAQ: VA) reported 20.5 percent increase in traffic on 18.4 percent growth in capacity. Its load factor grew 1.5 points to 87.1 percent in July.
 

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