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Southwest Airlines Reports December Traffic

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DALLAS, Jan. 9, 2018 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its December, fourth quarter, and total year 2017 preliminary traffic statistics.

The Company flew 10.7 billion revenue passenger miles (RPMs) in December 2017, an increase of 2.6 percent from the 10.4 billion RPMs flown in December 2016. Available seat miles (ASMs) increased 1.8 percent to 12.9 billion in December 2017, compared with December 2016 ASMs of 12.6 billion. The December 2017 load factor was a record for the month of December at 83.3 percent, compared with 82.6 percent in December 2016. Based on these results, the Company continues to estimate its fourth quarter 2017 operating revenue per ASM (RASM) will increase in the one to two percent range, as compared with fourth quarter 2016.

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

Cautionary Statement Regarding Forward-Looking Statements
This news release contains forward-looking statements. Specific forward-looking statements include, without limitation, statements related to the Company's expected results of operations for fourth quarter 2017. These statements involve assumptions and other factors that are difficult to predict and that could cause actual results to vary materially from those expressed in or indicated by them. Factors include, among others, the Company's customary quarterly close and review procedures and any resulting adjustments.

Southwest Airlines Co.
Preliminary Comparative Traffic Statistics







DECEMBER


2017


2016


Change

Revenue passengers carried

11,077,369


10,561,159


4.9%

Enplaned passengers

13,344,173


12,845,248


3.9%

Revenue passenger miles (000s)

10,713,293


10,445,407


2.6%

Available seat miles (000s)

12,868,065


12,645,787


1.8%

Load factor

83.3%


82.6%


0.7 pts.

Average length of haul

967


989


(2.2)%

Trips flown

113,451


111,765


1.5%








FOURTH QUARTER


2017


2016


Change

Revenue passengers carried

33,695,001


32,006,767


5.3%

Enplaned passengers

40,428,884


38,779,938


4.3%

Revenue passenger miles (000s)

32,189,839


31,366,176


2.6%

Available seat miles (000s)

37,886,814


37,147,109


2.0%

Load factor

85.0%


84.4%


0.6 pts.

Average length of haul

955


980


(2.6)%

Trips flown

337,190


329,740


2.3%








TOTAL YEAR


2017


2016


Change

Revenue passengers carried

130,256,190


124,719,765


4.4%

Enplaned passengers

157,677,218


151,740,357


3.9%

Revenue passenger miles (000s)

129,041,420


124,797,986


3.4%

Available seat miles (000s)

153,811,072


148,522,051


3.6%

Load factor

83.9%


84.0%


(0.1) pts.

Average length of haul

991


1,001


(1.0)%

Trips flown

1,347,893


1,311,149


2.8%

SW-T

 

Cision View original content:http://www.prnewswire.com/news-releases/southwest-airlines-reports-december-traffic-300579486.html

SOURCE Southwest Airlines Co.

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