Southwest Airlines (LUV) Load Factor Fell 0.8 Points in July 2016; Updates Q3 RASM Outlook
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Southwest Airlines Reports July Traffic
August 10, 2016 6:30 AM EDTDALLAS, Aug. 10, 2016 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its July and year-to-date preliminary traffic statistics.
The Company flew 11.7 billion revenue passenger miles (RPMs) in July 2016, an increase of 1.4 percent from the 11.5 billion RPMs flown in July 2015. Available seat miles (ASMs) increased 2.3 percent to 13.4 billion in July 2016, compared with July 2015 ASMs of 13.1 billion. The July 2016 load factor was 86.9 percent, compared with 87.7 percent in July 2015.
The significant delays and cancellation of over 2,000 flights due... More
