Southwest Airlines increases revenue passenger miles in December

9 January 2014

Southwest Airlines Co. (NYSE: LUV) reported it flew 9.0 billion revenue passenger miles (RPMs) in December 2013, a 9.8 percent increase from the 8.2 billion RPMs in December 2012.

Available seat miles (ASMs) increased 3.4 percent to 10.8bn from the December 2012 level of 10.5bn. The December 2013 load factor was 82.8 percent, compared to 78.0 percent in December 2012. For December 2013, passenger revenue per ASM (PRASM) is estimated to have increased in the 14 to 15 percent range compared to December 2012.

For the fourth quarter of 2013, the company flew 25.7 billion RPMs, compared to 24.8 billion RPMs flown for the same period in 2012, an increase of 3.3 percent. Fourth quarter ASMs increased 2.2 percent to 31.9 billion from fourth quarter 2012 ASMs of 31.2bn. The fourth quarter load factor was 80.4 percent, compared to 79.6 percent for the same period in 2012.

For the full year of 2013, the company flew 104.3 billion RPMs, compared to 102.9 billion RPMs flown in full year 2012, an increase of 1.4 percent. Full year 2013 ASMs increased 1.7 percent to 130.3 billion from 128.1 billion for full year 2012. The full year 2013 load factor was 80.1 percent, compared to 80.3 percent for full year 2012.

Southwest Airlines website is located at southwest.com.

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