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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; melodie.warner@dowjones.com

Stock News for Southwest Airlines (LUV)
DateTimeHeadline
06/23/201616:05:30Current Report Filing (8-k)
06/23/201614:36:00Southwest Airlines Revamps Aircraft Order Book
06/23/201613:00:00Southwest Airlines Cargo Flies High With Industry-Leading Awards
06/23/201607:55:00Pre-market Insights on Services Sector -- JetBlue Airways, Southwest...
06/22/201606:30:00Webcast Alert: Southwest Airlines Co. 2016 Investor Day
06/20/201611:23:00Southwest Airlines Wears Its Heart On Its Sleeve: Carrier Announces...
06/17/201617:09:00Webcast Alert: Southwest Airlines Co. 2016 Investor Day
06/16/201615:40:00Silver Airways, American Begin Selling Tickets to Cuba
06/13/201617:27:15Statement of Changes in Beneficial Ownership (4)
06/10/201612:40:00Six Airlines Get Cuba Route Rights
06/09/201617:57:36Statement of Changes in Beneficial Ownership (4)
06/09/201611:53:52Confidential Treatment Order (ct Order)
06/08/201609:58:31Current Report Filing (8-k)
06/08/201606:30:00Southwest Airlines Reports May Traffic
06/07/201611:16:00Southwest Airlines® Offers Domestic Fares Starting As Low As...
06/06/201612:50:00American Airlines to Move to Revenue-Based Frequent-Flier Program
06/05/201613:00:00Southwest Airlines Launches Service At Long Beach Airport, Bringing...
06/02/201618:09:07Statement of Changes in Beneficial Ownership (4)
06/02/201610:24:00Sharks Take Flight - Southwest Airlines Launches Shark Week-Themed...
06/01/201618:04:00Southwest Airlines Files Application To Offer Nonstop Service...

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