DALLAS, June 8, 2016
/PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company")
today reported its May and year-to-date preliminary traffic
statistics.
The Company flew 10.9 billion revenue passenger miles (RPMs) in
May 2016, an increase of 6.4 percent
from the 10.2 billion RPMs flown in May
2015. Available seat miles (ASMs) increased 4.6 percent to
12.6 billion in May 2016, compared
with May 2015 ASMs of 12.1 billion.
The May 2016 load factor was a record
for the month of May at 85.8 percent, compared with 84.4 percent in
May 2015. Based on these results and
current trends, the Company continues to expect a modest increase
in its second quarter 2016 operating revenue per ASM (RASM) as
compared with second quarter 2015.
This release, as well as past news releases about Southwest
Airlines Co., is available online at Southwest.com.
Cautionary Statement Regarding Forward-Looking
Statements
This news release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as
amended. Specific forward-looking statements include, without
limitation, statements related to the Company's financial outlook
and projected results of operations. These statements involve
risks, uncertainties, assumptions, and other factors that are
difficult to predict and that could cause actual results to vary
materially from those expressed in or indicated by them. Factors
include, among others, (i) changes in demand for the Company's
services and other changes in consumer behavior; (ii) the Company's
ability to timely and effectively maintain the necessary
information technology systems and infrastructure to support its
operations and initiatives; (iii) the impact of governmental
regulations and other governmental actions related to the Company's
operations; and (iv) other factors, as described in the Company's
filings with the Securities and Exchange Commission, including the
detailed factors discussed under the heading "Risk Factors" in the
Company's Annual Report on Form 10-K for the fiscal year ended
December 31, 2015.
Southwest Airlines
Co.
|
Preliminary
Comparative Traffic Statistics
|
|
MAY
|
|
2016
|
|
2015
|
|
Change
|
Revenue passengers
carried
|
10,880,898
|
|
10,294,774
|
|
5.7%
|
Enplaned
passengers
|
13,248,940
|
|
12,565,830
|
|
5.4%
|
Revenue passenger
miles (000s)
|
10,859,110
|
|
10,202,485
|
|
6.4%
|
Available seat miles
(000s)
|
12,649,853
|
|
12,088,512
|
|
4.6%
|
Load
factor
|
85.8%
|
|
84.4%
|
|
1.4 pts.
|
Average length of
haul
|
998
|
|
991
|
|
0.7%
|
Trips
flown
|
111,802
|
|
108,693
|
|
2.9%
|
|
|
YEAR-TO-DATE
|
|
2016
|
|
2015
|
|
Change
|
Revenue passengers
carried
|
49,825,259
|
|
46,723,734
|
|
6.6%
|
Enplaned
passengers
|
60,483,593
|
|
56,860,740
|
|
6.4%
|
Revenue passenger
miles (000s)
|
49,626,054
|
|
45,961,807
|
|
8.0%
|
Available seat miles
(000s)
|
60,343,735
|
|
56,297,657
|
|
7.2%
|
Load
factor
|
82.2%
|
|
81.6%
|
|
0.6 pts.
|
Average length of
haul
|
996
|
|
984
|
|
1.2%
|
Trips
flown
|
535,558
|
|
512,841
|
|
4.4%
|
SW-T
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/southwest-airlines-reports-may-traffic-300281342.html
SOURCE Southwest Airlines Co.