Southwest Airlines (LUV) Reports December Traffic Results

January 6, 2009 9:02 AM EST
Southwest Airlines Co. (NYSE: LUV) announced that the Company flew 5.8 billion revenue passenger miles (RPMs) in December 2008, a 1.1% increase from the 5.7 billion RPMs flown in December 2007. Available seat miles (ASMs) decreased 1.0% to 8.3 billion from the December 2007 level of 8.4 billion. The load factor for the month was 69.7%, compared to 68.2% for the same period last year.

For the fourth quarter 2008, Southwest flew 17.3 billion RPMs, a 1.4% decrease from the 17.5 billion RPMs recorded for the same period in 2007. Available seat miles increased 0.8 percent to 25.5 billion from the fourth quarter 2007 level of 25.3 billion. The fourth quarter 2008 load factor was 67.8%, compared to 69.3% for the same period last year.

Southwest Airlines Co. (Southwest) is a passenger airline that provides scheduled air transportation in the United States. [SM]

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