Southwest Airlines: July Revenues Up, Passengers Down

Southwest Airlines (NYSE: LUV  ) estimates its passenger revenue per available seat mile was up 4% to 5% in July, compared to July of 2012, according to the airline's traffic report released today.

Southwest carried 3.2% fewer passengers this past July than it did in July 2012, while flying 4.7% fewer flights. For the July-to-July comparison, revenue passenger miles dropped 0.7% on flights that increased in distance by an average 2.6%. Those longer flights increased its available seat miles by 0.6%.

The airline used only 83.5% of its flying capacity, or load factor, for the month, compared to 84.6% for last July.

Year-to-date, Southwest carried 0.9% fewer passengers than it did for the first seven months of 2012 while seeing its revenue passenger miles increase by 1.2%. The airline's load factor for the first seven months of 2013 was 80.1%, compared to 80.5% for 2012.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2584356, ~/Articles/ArticleHandler.aspx, 9/30/2016 6:00:18 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,308.15 164.70 0.91%
S&P 500 2,168.27 17.14 0.80%
NASD 5,312.00 42.85 0.81%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/30/2016 4:01 PM
LUV $38.89 Up +0.74 +1.94%
Southwest Airlines CAPS Rating: ****