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Market Overview

How Did Airliners Perform In July?

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.

Related Articles (ALGT + AAL)

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