7 January 2014
Southwest Airlines Co. (NYSE: LUV) reported the company flew 7.4 billion revenue passenger miles (RPMs) in January 2014, a 2.2 percent increase from the 7.3 billion RPMs flown in January 2013.
Available seat miles (ASMs) decreased 2.6 percent to 9.7bn from the January 2013 level of 10.0bn. The January 2014 load factor was 76.3 percent, compared to 72.7 percent in January 2013. For January 2014, passenger revenue per ASM (PRASM) is estimated to have increased approximately five percent compared to January 2013. This increase includes one point of estimated PRASM benefit from January 2014´s storms.
Southwest Airlines operates passenger airlines that provide scheduled air transportation services in the United States. As of December 31, 2012, the company operated 694 aircraft, including 606 Boeing 737 aircraft and 88 Boeing 717 aircraft. It served 97 destinations in 41 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 6 near-international countries, including Mexico, Jamaica, The Bahamas, Aruba, Dominican Republic, and Bermuda. The company was founded in 1967 and is headquartered in Dallas, Texas. Its website is at http://www.southwest.com.