Southwest Airlines Reports October Traffic
OREANDA-NEWS. Southwest Airlines Co. (NYSE: LUV) announced today that the Company flew 9.0 billion revenue passenger miles (RPMs) in October 2014, a 4.4 percent increase from the 8.6 billion RPMs flown in October 2013. Available seat miles (ASMs) remained relatively flat compared to the October 2013 level of 10.8 billion. The October 2014 load factor was 83.1 percent, compared to 79.9 percent in October 2013. For October 2014, passenger revenue per ASM (PRASM) is estimated to have increased in the three to four percent range, compared to October 2013.
For the first ten months of 2014, the Company flew 90.3 billion RPMs, compared to 87.3 billion RPMs flown for the same period in 2013, an increase of 3.4 percent. Year-to-date ASMs remained relatively flat compared to the 109.2 billion for the same period in 2013. The year-to-date load factor was 82.7 percent, compared to 79.9 percent for the same period in 2013.
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