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Southwest Airlines Reports August 2017 Traffic

Southwest Airlines Co. (NYSE:  LUV) last week reported its August and year-to-date preliminary traffic statistics. 

The Company flew 11.3 billion revenue passenger miles (RPMs) in August 2017, an increase of 5.3 percent from the 10.7 billion RPMs flown in August 2016. Available seat miles (ASMs) increased 4.9 percent to 13.3 billion in August 2017, compared with August 2016 ASMs of 12.7 billion. The August 2017 load factor was 84.9 percent, compared with 84.6 percent in August 2016. Based on these results, the estimated impact from Hurricane Harvey, and the current industry revenue environment driving weakness in revenue passenger yields, the Company expects its third quarter 2017 operating revenue per ASM (RASM) to be in the range of down one percent to slightly up, year-over-year. 

Southwest Airlines Co.

Preliminary Comparative Traffic Statistics

AUGUST

2017

2016

Change

Revenue passengers carried

11,208,623

10,507,186

6.7%

Enplaned passengers

13,656,895

12,919,768

5.7%

Revenue passenger miles (000s)

11,276,636

10,711,587

5.3%

Available seat miles (000s)

13,281,164

12,665,121

4.9%

Load factor

84.9%

84.6%

0.3 pts.

Average length of haul

1,006

1,019

(1.3)%

Trips flown

115,837

112,266

3.2%

YEAR-TO-DATE

2017

2016

Change

Revenue passengers carried

86,668,224

82,564,316

5.0%

Enplaned passengers

105,323,230

100,657,455

4.6%

Revenue passenger miles (000s)

87,361,958

83,493,201

4.6%

Available seat miles (000s)

104,313,463

99,577,670

4.8%

Load factor

83.7%

83.8%

(0.1) pts.

Average length of haul

1,008

1,011

(0.3)%

Trips flown

906,324

875,874

3.5%

Posted by on September 11, 2017.

Categories: Travel Industry News

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