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Southwest July Traffic Up 5.9%, Capacity Rises

DOW JONES NEWSWIRES Southwest Airlines Co.'s (LUV) July traffic rose 5.9% as the airline flew more trips than a year earlier. Southwest, the largest domestic U.S. airline by passenger numbers, bought discount carrier AirTran earlier this year for $1.4 billion. Thursday, the company reported its second-quarter earnings jumped 44% as results benefited from the acquisition of AirTran and higher traffic. Combined revenue passenger miles rose to 10.05 billion from 9.49 billion a year earlier. Capacity rose 6.6%, while load factor--the percentage of available seats filled--edged down to 85.1% from 85.6%. During the month, Southwest flew 125,428 trips, a 3.2% increase from last year. Shares closed Thursday at $8.84 and were recently up 3.2% in premarket trade. The stock is down 32% since the start of the year. -By Mia Lamar, Dow Jones Newswires; 212-416-3207; mia.lamar@dowjones.com

Stock News for Southwest Airlines (LUV)
DateTimeHeadline
05/15/201312:21:34Southwest Airlines Lifts Dividend, Share Buyback Authorization
04/25/201307:40:14Southwest Profit Falls 40% amid Hedging Impacts
04/09/201313:15:59N.Y. Comptroller: Southwest, 4 Other Companies to Disclose Political...
04/01/201310:20:13U.S. Top Court Rejects Challenge to Airline Ad Rules
01/24/201308:00:05Southwest Net Falls 49% on Higher Expenses
01/18/201314:20:22WEEK AHEAD: Fourth-Quarter Earnings Season Ramps Up
01/08/201310:40:08Southwest Traffic Down 0.2% in December
12/20/201215:05:28Midwest Weather Leads to Road Closures, Power Outages, Canceled...
09/21/201212:30:09Airline Passenger Count Rises in June
07/19/201214:29:34Southwest Airlines CEO Eyes Return Target in 2013
07/11/201208:34:46WSJ: AIR SHOW: Boeing Plans 737 Production Transition
07/09/201209:25:14US HOT STOCK FUTURES: HOT STOCKS TO WATCH
06/20/201208:29:08CONSUMER FINANCE: Five Best Credit Cards for Vacation Travel
05/22/201213:23:46Delta Air To Sublease Southwest's Boeing 717 Fleet
02/27/201212:48:08Southwest Airlines CEO: 737 Max Could Arrive Early
01/19/201211:28:12US STOCK FUTURES: HOT STOCKS TO WATCH
12/13/201109:23:05US Stock Futures: HOT STOCKS TO WATCH
12/13/201108:08:10Southwest Airlines Confirms Deal For 150 Boeing 737 Max Jets
11/13/201117:54:08Southwest Airlines To Increase Flights For Summer 2012
08/11/201111:50:53US Airlines Carry 3.9% More Passengers In May

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