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December 9, 2013
08:59 EDTLUVSouthwest reports November traffic down 1%
Southwest Airlines flew 8.1 billion revenue passenger miles in November, a 1% decrease from the 8.1 billion RPMs flown in November 2012. Available seat miles increased 0.8% to 10.3 billion from the November 2012 level of 10.2 billion. The November 2013 load factor was 78.6%, compared to 80.0 percent in November 2012. For November 2013, passenger revenue per ASM is estimated to have decreased approximately 6% compared to November 2012. While November was significantly impacted by the shift in Thanksgiving holiday return travel, the benefit to December is expected to drive a dramatic year-over-year increase in December PRASM. For fourth quarter 2013, the company currently estimates PRASM will increase approximately 2%, as compared to fourth quarter 2012. For the first eleven months of 2013, the company flew 95.4 billion RPMs, compared to 94.7 billion RPMs flown for the same period in 2012, an increase of 0.7%. Year-to-date ASMs increased 1.6% to 119.5 billion from 117.7 billion for the same period in 2012. The year-to-date load factor was 79.8%, compared to 80.5% for the same period in 2012.
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April 23, 2014
15:35 EDTLUVNotable companies reporting before tomorrow's open
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April 15, 2014
10:41 EDTLUVSouthwest rises after firm boosts rating on shares
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10:00 EDTLUVOn The Fly: Analyst Upgrade Summary
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07:46 EDTLUVSouthwest upgraded to Buy from Hold at Argus
Argus upgraded Southwest, as the firm thinks the company has a number of positive catalysts and should report strong revenue and earnings over the next several quarters. Target $28.
April 14, 2014
07:24 EDTLUVFaster Wi-Fi on planes leads to competition in sky, Reuters says
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