DALLAS, Feb. 8, 2017 /PRNewswire/ -- Southwest Airlines
Co. (NYSE: LUV) (the "Company") today reported its January
preliminary traffic statistics.
The Company flew 9.4 billion revenue passenger miles (RPMs) in
January 2017, an increase of 4.6
percent from the 8.9 billion RPMs flown in January 2016. Available seat miles (ASMs)
increased 6.2 percent to 12.3 billion in January 2017, compared with January 2016 ASMs of 11.5 billion. The
January 2017 load factor was 76.3
percent, compared with 77.5 percent in January 2016. Based on these results and current
trends, the Company continues to expect its first quarter 2017
operating revenue per ASM (RASM) to
be flat to down one percent, as compared with first
quarter 2016.
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 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 implement, transition, and
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,
2016.
Southwest Airlines
Co.
|
Preliminary
Comparative Traffic Statistics
|
|
JANUARY
|
|
2017
|
|
2016
|
|
Change
|
Revenue passengers
carried
|
9,381,967
|
|
8,897,041
|
|
5.5%
|
Enplaned
passengers
|
11,324,383
|
|
10,924,106
|
|
3.7%
|
Revenue passenger
miles (000s)
|
9,352,649
|
|
8,941,796
|
|
4.6%
|
Available seat miles
(000s)
|
12,265,438
|
|
11,544,677
|
|
6.2%
|
Load
factor
|
76.3%
|
|
77.5%
|
|
(1.2) pts.
|
Average length of
haul
|
997
|
|
1,005
|
|
(0.8)%
|
Trips
flown
|
108,437
|
|
103,660
|
|
4.6%
|
SW-T
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/southwest-airlines-reports-january-traffic-300403893.html
SOURCE Southwest Airlines Co.