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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
08/23/201617:00:00Randy Babbitt Announces Retirement From Southwest Airlines
08/22/201613:25:56Confidential Treatment Order (ct Order)
08/18/201616:32:00Southwest Airlines To Fly Nonstop Between Los Angeles (LAX) And...
08/17/201608:20:00U.S. Airlines See Higher Labor Day Travel Demand Than in 2015
08/10/201611:30:26Current Report Filing (8-k)
08/10/201609:39:00U.S. Hot Stocks: Hot Stocks to Watch
08/10/201608:30:00Southwest Cuts Unit Revenue Outlook on Tech Outage
08/10/201606:30:00Southwest Airlines Reports July Traffic
08/09/201621:00:00Delta Equipment Malfunction Triggered Loss of Power
08/09/201611:27:57Current Report Filing (8-k)
08/05/201609:00:00Cintas Partners with Southwest Airlines to Help First-Ever Employee-Designed...
08/04/201617:53:00/C O R R E C T I O N -- Southwest Airlines Co./
08/04/201616:54:52Statement of Changes in Beneficial Ownership (4)
08/04/201616:48:35Statement of Changes in Beneficial Ownership (4)
08/04/201616:45:00Bay To Beaches: Oakland To Mexico Nonstop Service Now Available...
08/03/201618:15:50Statement of Changes in Beneficial Ownership (4)
07/28/201616:18:16Statement of Changes in Beneficial Ownership (4)
07/28/201613:44:00Southwest Airlines Declares 160th Consecutive Quarterly Dividend
07/28/201606:02:54Quarterly Report (10-q)
07/21/201609:39:40Current Report Filing (8-k)

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