Southwest Airlines Reports Modest Increase in February Load Factor
Southwest Airlines announced its operational results for February 2014. The airline’s system traffic and load factor both increased from last year, while its capacity decreased.
Southwest’s system traffic was 7.1 billion revenue passenger miles or RPMs, a 1.2% increase from February 2013.
On the other hand, the Dallas-based airline’s capacity decreased 1.7% to 9.1 billion available seat miles, or ASMs, from 9.3 billion last year.
Southwest’s load factor was 78.1%, a significant increase of 2.3 percentage points from 75.8% in February 2013.
The airline estimates that passenger revenue per available seat mile, or Prasm, is up by 5%. February’s Prasm includes one point of benefit from weather-related cancellations during that period.
(Photo: Accura Media Group)