The FINANCIAL — Southwest Airlines Co. on August 9 reported its July and year-to-date preliminary traffic statistics.
The Company flew 12.4 billion revenue passenger miles (RPMs) in July 2017, an increase of 6.0 percent from the 11.7 billion RPMs flown in July 2016. Available seat miles (ASMs) increased 5.5 percent to 14.2 billion in July 2017, compared with July 2016 ASMs of 13.4 billion. The July 2017 load factor was 87.3 percent, compared with 86.9 percent in July 2016. Based on these results and current trends, the Company continues to expect its third quarter 2017 operating revenue per ASM (RASM) to increase approximately one percent, as compared with third quarter 2016, according to Southwest Airlines.