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March 10, 2014
07:51 EDTLUVSouthwest reports February RPMs up 1.2%
Southwest Airlines announced that the company flew 7.1B revenue passenger miles, or RPMs, in February, a 1.2% increase from the RPMs flown in February 2013. Available seat miles, or ASMs, decreased 1.7% to 9.1B from the February 2013. The February load factor was 78.1%, compared to 75.8% in 2013. For February, passenger revenue per ASM, or PRASM, is estimated to have increased approximately five percent compared to 2013. This increase includes one point of estimated PRASM benefit from February 2014's storms, the company said. For the first two months of 2014, the company flew 14.6B RPMs, compared to 14.3B RPMs flown for the same period in 2013, an increase of 1.7%. Year-to-date ASMs decreased 2.2% from the same period in 2013 to 18.9B . The year-to-date load factor was 77.2%, compared to 74.2% for the same period in 2013.
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November 19, 2014
17:28 EDTLUVSouthwest CEO says likely to gain customers due to JetBlue bag fees
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November 11, 2014
07:50 EDTLUVSouthwest price target raised to $44 from $38 at UBS
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06:29 EDTLUVSouthwest expects to raise capacity by 6% in 2015, WSJ reports
Southwest expects to boost its capacity by 6% in 2015 due growth mostly from adding more seats to its planes and flying longer distances, reports the Wall Street Journal. Of the growth, nearly 3% will come from increased from in and out of Love Field in Dallas and another 2% of next year's growth will come mostly from expanded flights from Washington's Reagan National Airport. Reference Link
November 10, 2014
14:01 EDTLUVSouthwest announces plans to serve fourth destination in Mexico
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08:46 EDTLUVSouthwest reports October RPMs up 4.4% to 9B
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