OREANDA-NEWS. Southwest Airlines Co. (NYSE: LUV) (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.

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%