Form: 8-K

Current report filing

March 5, 2010

Ex 99.1

 


CONTACT:  Investor Relations (214) 792-4415


SOUTHWEST AIRLINES REPORTS FEBRUARY TRAFFIC


DALLAS, TEXAS – March 5, 2010 -- Southwest Airlines Co. (NYSE: LUV) announced today that the Company flew 5.0 billion revenue passenger miles (RPMs) in February 2010, a 2.3 percent decrease from the 5.1 billion RPMs flown in February 2009.  Available seat miles (ASMs) decreased 8.7 percent to 6.8 billion from the February 2009 level of 7.4 billion.  The load factor for the month was 73.9 percent, compared to 69.1 percent for the same period last year.  Weather-related flight cancellations during the month reduced the Company’s passenger revenues by an estimated $15 million.  For February 2010, passenger revenue per ASM is estimated to have increased in the 16 to 17 percent range as compared to February 2009.
For the first two months of 2010, Southwest flew 10.5 billion RPMs, compared to 10.2 billion RPMs for the same period in 2009, an increase of 2.4 percent.  Available seat miles decreased 7.6 percent to 14.4 billion from the 2009 level of 15.6 billion.  The year-to-date load factor was 72.9 percent, compared to 65.8 percent for the same period last year.
This release, as well as past news releases on Southwest, are available online at southwest.com. 

 

 
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SOUTHWEST AIRLINES CO.
 
PRELIMINARY COMPARATIVE TRAFFIC STATISTICS
 
                   
       
                   
                   
                   
                   
   
FEBRUARY
 
                   
   
2010
   
2009
   
CHANGE
 
                   
                   
Revenue passengers carried
    5,922,120       6,096,997       (2.9 )%
                         
Enplaned passengers
    6,963,295       7,068,038       (1.5 )%
                         
Revenue passenger miles (000)
    4,986,254       5,104,418       (2.3 )%
                         
Available seat miles (000)
    6,751,455       7,391,395       (8.7 )%
                         
Load factor
    73.9 %     69.1 %  
4.8 pts.
 
                         
Average length of haul
    842       837       0.6 %
                         
Trips flown
    78,718       86,009       (8.5 )%
                         
                         
                         
                         
   
YEAR-TO-DATE
 
                         
      2010       2009    
CHANGE
 
                         
                         
Revenue passengers carried
    12,288,426       12,085,113       1.7 %
                         
Enplaned passengers
    14,539,308       14,061,604       3.4 %
                         
Revenue passenger miles (000)
    10,485,341       10,239,797       2.4 %
                         
Available seat miles (000)
    14,374,030       15,563,934       (7.6 )%
                         
Load factor
    72.9 %     65.8 %  
7.1 pts.
 
                         
Average length of haul
    853       847       0.7 %
                         
Trips flown
    167,124       180,615       (7.5 )%
 
 

 
 
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