Southwest Airlines enjoying healthy load factor gains

Southwest reported 3% year-on-year decline in passenger traffic in Aug-2009, to 7.5 million passengers, while traffic (RPMs) increased 1%, on a 6.1% reduction in capacity. This resulted in a 5.6 ppts increase in load factor for the month, to 80.2% - the second consecutive month of very healthy load factor gains for the LCC. [1481 words]

CAPA Members Login Username: Password: Remember details

Instantly get access to this article now for USD15.00. or If you've already bought this article, you can view it by typing your Article Key:

This report contains the following subheadings:

• Credit ratings agencies downgrade Southwest
• Declares 132nd dividend
• To commence codesharing with WestJet in 2010
• Alters Winter 2010 schedule
• Launches “EarlyBird Check-in” boarding charges

This report contains the following charts and tables:

• Southwest monthly passenger traffic (millions) and load factor (%): 12 months to 31-Aug-08 vs 12 months to 31-Aug-09
• Southwest Airlines RASM growth (% change year-on-year): Jan-09 to Aug-09
• Southwest fleet plans: 2010-2011
• Southwest share price: 02-Jun-09 to 02-Sep-09
• WestJet destination map: Sep-2009