Southwest Airlines Reports November Traffic

Published on : Wednesday, December 7, 2016

Southwest-Airlines-logoSouthwest Airlines Co. (the “Company”) today reported its November and year-to-date preliminary traffic statistics.

 

The Company flew 10.4 billion revenue passenger miles (RPMs) in November 2016, an increase of 7.2 percent from the 9.7 billion RPMs flown in November 2015. Available seat miles (ASMs) increased 4.9 percent to 12.3 billion in November 2016, compared with November 2015 ASMs of 11.7 billion. The November 2016 load factor was a record for the month of November at 85.1 percent, compared with 83.3 percent in November 2015. Based on these results and current trends, the Company continues to expect its fourth quarter 2016 operating revenue per ASM (RASM) to decline in the 4.0 to 5.0 percent range, as compared with fourth quarter 2015.

 

 

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.┬áSpecific forward-looking statements include, without limitation, statements related to the Company’s financial outlook and projected results of operations.┬áThese 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 impact of economic conditions, fuel prices, actions of competitors, and other factors beyond the Company’s control, on the Company’s business; (iii) the Company’s ability to timely and effectively maintain the necessary information technology systems and infrastructure to support its operations and initiatives; (iv) the impact of governmental regulations and other governmental actions related to the Company’s operations; (v) the impact of labor matters on the Company’s business; and (vi) 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

NOVEMBER

2016

2015

Change

Revenue passengers carried

10,706,597

10,041,610

6.6%

Enplaned passengers

12,920,523

12,141,358

6.4%

Revenue passenger miles (000s)

10,442,859

9,743,256

7.2%

Available seat miles (000s)

12,274,065

11,702,499

4.9%

Load factor

85.1%

83.3%

1.8 pts.

Average length of haul

975

970

0.5%

Trips flown

108,860

105,280

3.4%

YEAR-TO-DATE

2016

2015

Change

Revenue passengers carried

114,158,606

108,065,304

5.6%

Enplaned passengers

138,895,109

132,203,848

5.1%

Revenue passenger miles (000s)

114,352,579

107,478,910

6.4%

Available seat miles (000s)

135,876,264

128,433,137

5.8%

Load factor

84.2%

83.7%

0.5 pts.

Average length of haul

1,002

995

0.7%

Trips flown

1,199,384

1,159,150

3.5%

SW-T

 

 

Source:- Southwest Airlines

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