Current Report Filing (8-k)
October 08 2015 - 8:30AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 8, 2015
Southwest Airlines Co.
__________________________________________
(Exact name of registrant as specified in its charter)
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Texas | 1-7259 | 74-1563240 |
_____________________ | _____________ | ______________ |
(State or other jurisdiction | (Commission | (I.R.S. Employer |
of incorporation) | File Number) | Identification No.) |
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P. O. Box 36611, Dallas, Texas | 75235-1611 |
_________________________________ | ___________ |
(Address of principal executive offices) | (Zip Code) |
Registrant's telephone number, including area code: (214) 792-4000
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 2.02 Results of Operations and Financial Condition.
On October 8, 2015, the Registrant issued a press release announcing its traffic results for September 2015. The press release is furnished herewith as Exhibit 99.1 and is incorporated by reference into this Item 2.02.
The information furnished in this Item 2.02 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits:
99.1 Registrant’s September 2015 Traffic Release.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| SOUTHWEST AIRLINES CO. |
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October 8, 2015 | By | /s/ Tammy Romo |
| | |
| | Tammy Romo |
| | Executive Vice President & Chief Financial Officer |
| | (Principal Financial and Accounting Officer) |
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Exhibit Index
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Exhibit No. | Description |
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99.1 | Registrant's September 2015 Traffic Release. |
SOUTHWEST AIRLINES REPORTS SEPTEMBER TRAFFIC
DALLAS, TEXAS – October 8, 2015 – Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its September, third quarter, and year-to-date preliminary traffic statistics. The Company flew 9.2 billion revenue passenger miles (RPMs) in September 2015, an 11.4 percent increase from the 8.3 billion RPMs flown in September 2014. Available seat miles (ASMs) increased 8.4 percent to 11.1 billion in September 2015, compared with the September 2014 level of 10.3 billion. The September 2015 load factor was a record for the month of September at 82.7 percent, compared with 80.5 percent in September 2014.
For the third quarter of 2015, the Company flew 31.1 billion RPMs, compared with 28.5 billion RPMs flown for the same period in 2014, an increase of 8.9 percent. Third quarter 2015 ASMs increased 7.6 percent to a level of 36.4 billion, compared with third quarter 2014 ASMs of 33.8 billion. The third quarter 2015 load factor was a quarterly record at 85.4 percent, compared with 84.4 percent for the same period in 2014. The Company continues to expect its third quarter 2015 operating revenue per ASM (RASM) to decrease approximately 1.0 percent, compared with third quarter 2014.
For the first nine months of 2015, the Company flew 87.8 billion RPMs, compared with 81.3 billion RPMs flown for the same period in 2014, an increase of 8.0 percent. Year-to-date 2015 ASMs increased 6.9 percent to a level of 105.1 billion, compared with 98.4 billion for the same period in 2014. The year-to-date 2015 load factor was 83.5 percent, compared with 82.6 percent for the same period in 2014.
This release, as well as past news releases about Southwest Airlines Co., is available online at Southwest.com.
/more
Southwest Airlines Co.
Preliminary Comparative Traffic Statistics
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SEPTEMBER |
| 2015 | | 2014 | | Change |
Revenue passengers carried | 9,421,347 | | 8,638,582 | | 9.1% |
Enplaned passengers | 11,536,417 | | 10,556,294 | | 9.3% |
Revenue passenger miles (000s) | 9,206,955 | | 8,267,245 | | 11.4% |
Available seat miles (000s) | 11,133,628 | | 10,274,379 | | 8.4% |
Load factor | 82.7% | | 80.5% | | 2.2 pts. |
Average length of haul | 977 | | 957 | | 2.1% |
Trips flown | 101,467 | | 99,488 | | 2.0% |
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THIRD QUARTER |
| 2015 | | 2014 | | Change |
Revenue passengers carried | 30,559,019 | | 28,391,882 | | 7.6% |
Enplaned passengers | 37,765,903 | | 35,255,248 | | 7.1% |
Revenue passenger miles (000s) | 31,052,660 | | 28,522,164 | | 8.9% |
Available seat miles (000s) | 36,360,340 | | 33,785,824 | | 7.6% |
Load factor | 85.4% | | 84.4% | | 1.0 pts. |
Average length of haul | 1,016 | | 1,005 | | 1.1% |
Trips flown | 325,301 | | 319,250 | | 1.9% |
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YEAR-TO-DATE |
| 2015 | | 2014 | | Change |
Revenue passengers carried | 87,802,757 | | 82,602,805 | | 6.3% |
Enplaned passengers | 107,535,145 | | 101,701,969 | | 5.7% |
Revenue passenger miles (000s) | 87,771,907 | | 81,267,478 | | 8.0% |
Available seat miles (000s) | 105,133,835 | | 98,356,618 | | 6.9% |
Load factor | 83.5% | | 82.6% | | 0.9 pts. |
Average length of haul | 1,000 | | 984 | | 1.6% |
Trips flown | 948,180 | | 946,231 | | 0.2% |
Investor Contact:
Southwest Airlines Investor Relations
214-792-4415
Media Contact:
Southwest Airlines Media Relations
214-792-4847
swamedia@wnco.com
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