Southwest Airlines Reports October Traffic

Thu. November 05, 2009; Posted: 08:45 AM

DALLAS, Nov 05, 2009 /PRNewswire-FirstCall via COMTEX/ -- LUV | Quote | Chart | News | PowerRating -- Southwest Airlines Co. (NYSE: LUV | Quote | Chart | News | PowerRating) announced today that the Company flew 6.3 billion revenue passenger miles (RPMs) in October 2009, a 1.9 percent increase from the 6.2 billion RPMs flown in October 2008. Available seat miles (ASMs) decreased 9.4 percent to 8.0 billion from the October 2008 level of 8.8 billion. The load factor for the month was 79.2 percent, compared to 70.4 percent for the same period last year. For October 2009, passenger revenue per ASM is estimated to have increased in the one percent range as compared to October 2008.

For the ten months ended October 31, 2009, Southwest flew 62.6 billion RPMs, compared to 62.4 billion RPMs for the same period in 2008, an increase of 0.3 percent. Available seat miles decreased 4.8 percent to 82.5 billion from the 2008 level of 86.6 billion. The year-to-date load factor was 75.9 percent, compared to 72.1 percent for the same period last year.

This release, as well as past news releases on Southwest, are available online at southwest.com.

                             SOUTHWEST AIRLINES CO.
                    PRELIMINARY COMPARATIVE TRAFFIC STATISTICS

                                                     OCTOBER
                                                     -------

                                        2009          2008       CHANGE
                                        ----          ----       ------

    Revenue passengers carried     7,435,140     7,489,319       (0.7)%

    Enplaned passengers            8,776,079     8,562,562         2.5%

    Revenue passenger miles (000)  6,325,204     6,207,582         1.9%

    Available seat miles (000)     7,987,167     8,812,152       (9.4)%

    Load factor                         79.2%         70.4%    8.8 pts.

    Average length of haul               851           829         2.7%

    Trips flown                       92,670       101,224       (8.5)%




                                                  YEAR-TO-DATE
                                                  ------------

                                        2009          2008       CHANGE
                                        ----          ----       ------

    Revenue passengers carried    72,246,591    75,230,495       (4.0)%

    Enplaned passengers           84,727,867    86,508,315       (2.1)%

    Revenue passenger miles (000) 62,606,891    62,434,092         0.3%

    Available seat miles (000)    82,482,784    86,627,709       (4.8)%

    Load factor                         75.9%         72.1%    3.8 pts.

    Average length of haul               867           830         4.5%

    Trips flown                      945,041       999,983       (5.5)%

SOURCE Southwest Airlines Co.

http://www.southwest.com

For full details on Southwest Airlines Co (LUV) click here. Southwest Airlines Co (LUV) has Short Term PowerRatings of 9. Details on Southwest Airlines Co (LUV) Short Term PowerRatings is available at This Link.

More News: Market Updates | Stock Alerts | All Trading News | Stock Index

Archives

Feedback

Email Article Link

Close X

RELATED SITES

Please call 1-213-955-5858 ext. 1

Tax Relief Bank Levy Wage Garnishment

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302

All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.