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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
02/27/201717:27:39Statement of Changes in Beneficial Ownership (4)
02/27/201717:24:58Statement of Changes in Beneficial Ownership (4)
02/23/201711:00:00Southwest Airlines Lends A Healing Hand By Donating 10,000 Roundtrip...
02/16/201712:00:06Confidential Treatment Order (ct Order)
02/16/201710:34:00Southwest Airlines Named A Top 10 Most Admired Company By FORTUNE
02/15/201716:27:07Current Report Filing (8-k)
02/14/201716:58:08Statement of Ownership (sc 13g)
02/14/201716:35:32Statement of Ownership (sc 13g)
02/14/201711:58:00Amended Statement of Ownership (sc 13g/a)
02/14/201707:30:00Southwest Airlines to Present at the Stifel 2017 Transportation...
02/13/201716:04:00Cheers To This! Southwest Airlines Toasts Customers With Sparkling...
02/13/201708:27:32Amended Statement of Ownership (sc 13g/a)
02/13/201707:00:07Amended Statement of Ownership (sc 13g/a)
02/09/201714:15:00Donald Trump, Meeting With Airline CEOs, Targets Air-Traffic-Control...
02/09/201712:03:00Donald Trump, Meeting With Airline CEOs, Targets Air-Traffic...
02/09/201711:50:36Amended Statement of Ownership (sc 13g/a)
02/09/201711:27:00Donald Trump, Meeting With Airline CEOs, Targets Air-Traffic...
02/09/201710:30:00Southwest Airlines Employees Earn $586 Million In 2016 ProfitSharing
02/08/201716:38:00Southwest Airlines to Present at the Stifel 2017 Transportation...
02/08/201710:03:36Current Report Filing (8-k)

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