Southwest Experiences Drop in July Load Factor, Forecasts Further Drop in Q3 Revenue
The carrier’s total system traffic was 11.67 billion RPMs, or revenue passenger miles, a year-over-year increase of 1.4% from 11.5 billion RPMs in July 2015.
The airline reported a total system capacity of 13.42 billion ASMs, or available seat miles, up 2.3% from 13.12 billion last July.
Meanwhile, Southwest had a load factor of 86.9% for the month, which was a 0.8 percentage point decrease from 87.7% the previous July.
Southwest originally forecast a drop of 3% to 4% in RASM for the third quarter but, as a result of numerous delays and over 2,000 cancellations following a computer outage in July, it now expects RASM to decline by 3.5% to 4.5%.
(Photo: Accura Media Group)