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Southwest Airlines June Traffic Rose 7.5% On Higher Capacity

DOW JONES NEWSWIRES Southwest Airlines Co.'s (LUV) June traffic rose 7.5% as the passenger airline flew more trips during the month. Southwest, the largest domestic U.S. airline by passenger numbers, bought discount carrier AirTran in May for $1.4 billion in an effort to expand its reach and capacity. Combined revenue passenger miles rose to 9.63 billion from 8.96 billion a year earlier. Separately, Airtran traffic rose 2.4% to 1.94 billion revenue passenger miles, while namesake Southwest traffic increased 8.9% to 7.69 billion miles. Combined capacity rose 6.2% to 11.49 billion available seat miles while load factor, or the percentage of available seats filled, rose to 83.9% from 82.8%. During the month, Southwest flew 122,783 trips a 3.2% increase from last year. Shares closed at $11.61 Thursday and were inactive premarket. The stock has fallen 11% so far this year. -By Melodie Warner, Dow Jones Newswires; 212-416-2283; [email protected]

Stock News for Southwest Airlines (LUV)
DateTimeHeadline
01/19/201715:15:00Southwest Airlines to Discuss Fourth Quarter and Annual 2016...
01/18/201717:34:00Initial Statement of Beneficial Ownership (3)
01/18/201715:54:00Book Now: Southwest Airlines International Service Nonstop Between...
01/12/201710:31:29Current Report Filing (8-k)
01/10/201716:30:00Southwest Airlines Announces Executive Promotions
01/10/201709:48:33Current Report Filing (8-k)
01/10/201706:30:00Southwest Airlines Reports December Traffic
01/05/201708:00:00Southwest Airlines Adds New Destinations In The U.S. & Caribbean...
12/29/201613:55:00Southwest Airlines Facilities Maintenance Technicians Reject...
12/21/201609:15:00The Container Store and Southwest Airlines Help Travelers Wrap...
12/19/201616:40:56Statement of Changes in Beneficial Ownership (4)
12/16/201615:16:39Statement of Changes in Beneficial Ownership (4)
12/16/201609:00:00In-Flight Mario Magic Delivers Nintendo Gifts to Southwest Passengers
12/14/201609:24:49Confidential Treatment Order (ct Order)
12/13/201616:15:00Southwest Airlines Demonstrates Commitment To Enhancing Inflight...
12/12/201614:57:00Southwest Airlines Inaugurates New Service To Cuba, Making Havana...
12/07/201619:20:00Postelection Rally Lifts Stocks to New Heights
12/07/201610:01:06Current Report Filing (8-k)
12/07/201606:30:00Southwest Airlines Reports November Traffic
12/05/201617:37:46Statement of Changes in Beneficial Ownership (4)

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