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| 8-K - FORM 8-K DECEMBER 2016 TRAFFIC RELEASE - SOUTHWEST AIRLINES CO | traffic8k122016cover.htm |
SOUTHWEST AIRLINES REPORTS DECEMBER TRAFFIC
DALLAS, TEXAS – January 10, 2017 – Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its December, fourth quarter, and total year preliminary traffic statistics.
The Company flew 10.4 billion revenue passenger miles (RPMs) in December 2016, an increase of 4.2 percent from the 10.0 billion RPMs flown in December 2015. Available seat miles (ASMs) increased 4.8 percent to 12.6 billion in December 2016, compared with December 2015 ASMs of 12.1 billion. The December 2016 load factor was 82.6 percent, compared with 83.0 percent in December 2015. Based on these results and an improvement in close-in yields, the Company now estimates its fourth quarter 2016 operating revenue per ASM (RASM) will decline in the 3.0 to 4.0 percent range, as compared with fourth quarter 2015.
This release, as well as past news releases about Southwest Airlines Co., is available online at Southwest.com.
Investor Contact:
Southwest Airlines Investor Relations
214-792-4415
Media Contact:
Southwest Airlines Media Relations
214-792-4847
www.southwestairlinesinvestorrelations.com
/more
Southwest Airlines Co.
Preliminary Comparative Traffic Statistics
DECEMBER | |||||
2016 | 2015 | Change | |||
Revenue passengers carried | 10,561,159 | 10,105,907 | 4.5% | ||
Enplaned passengers | 12,845,248 | 12,371,034 | 3.8% | ||
Revenue passenger miles (000s) | 10,445,407 | 10,020,969 | 4.2% | ||
Available seat miles (000s) | 12,645,787 | 12,068,272 | 4.8% | ||
Load factor | 82.6% | 83.0% | (0.4) pts. | ||
Average length of haul | 989 | 992 | (0.3)% | ||
Trips flown | 111,765 | 108,208 | 3.3% | ||
FOURTH QUARTER | |||||
2016 | 2015 | Change | |||
Revenue passengers carried | 32,006,767 | 30,368,454 | 5.4% | ||
Enplaned passengers | 38,779,938 | 37,039,737 | 4.7% | ||
Revenue passenger miles (000s) | 31,366,176 | 29,727,972 | 5.5% | ||
Available seat miles (000s) | 37,147,109 | 35,367,574 | 5.0% | ||
Load factor | 84.4% | 84.1% | 0.3 pts. | ||
Average length of haul | 980 | 979 | 0.1% | ||
Trips flown | 329,740 | 319,178 | 3.3% | ||
TOTAL YEAR | |||||
2016 | 2015 | Change | |||
Revenue passengers carried | 124,719,765 | 118,171,211 | 5.5% | ||
Enplaned passengers | 151,740,357 | 144,574,882 | 5.0% | ||
Revenue passenger miles (000s) | 124,797,986 | 117,499,879 | 6.2% | ||
Available seat miles (000s) | 148,522,051 | 140,501,409 | 5.7% | ||
Load factor | 84.0% | 83.6% | 0.4 pts. | ||
Average length of haul | 1,001 | 994 | 0.7% | ||
Trips flown | 1,311,149 | 1,267,358 | 3.5% | ||
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