Southwest Airlines (LUV) Reports June Traffic Down 2.1%

Southwest Airlines Co. (NYSE: LUV) announced that the Company flew 6.7 billion revenue passenger miles (RPMs) in June 2009, a 2.1% decrease from the 6.9 billion RPMs flown in June 2008. Available seat miles (ASMs) decreased 3.8% to 8.5 billion from the June 2008 level of 8.8 billion. The load factor for the month was 79.5 percent, compared to 78.2% for the same period last year. For June 2009, passenger revenue per ASM is estimated to have decreased in the nine to ten percent range as compared to June 2008.

You May Also Be Interested In

• enVVeno Medical (NVNO) files $100M mixed shelf
• Sigma Lithium resumes full operations after signing TAC agreement
• BIGG Digital Assets to rename as Surge Digital, consolidate shares