Southwest Airlines (LUV) Reports October Traffic Results

November 4, 2008 8:56 AM EST
Southwest Airlines Co. (NYSE: LUV) announced that the Company flew 6.2 billion revenue passenger miles (RPMs) in October 2008, compared to 6.0 billion RPMs flown in October 2007. Available seat miles (ASMs) increased 2.9% to 8.8 billion from the October 2007 level of 8.6 billion. The load factor for the month was 70.4%, compared to 70.5% for October 2007.

For the ten months ended October 31, 2008, Southwest flew 62.4 billion RPMs, compared to 60.8 billion RPMs for the same period in 2007. Available seat miles increased 4.4% to 86.6 billion from the 2007 level of 82.9 billion. The year-to-date load factor was 72.1%, compared to 73.4% 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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