Southwest Reports Drop in Load Factor for May
By Jesse Sokolow on 12 June 2017
Southwest Airlines announced operational results for May 2017.
The carrier reported an increase in capacity and traffic and a drop in its load factor.
The airline’s total system traffic was 11.23 billion RPMs, or revenue passenger miles, a year-over-year increase of 3.4% from 10.86 billion RPMs in May 2015.
The company reported a total system capacity of 13.16 billion ASMs, or available seat miles, up 4% from 12.65 billion the previous May.
Meanwhile, Southwest had a load factor of 85.4% for the month, a 0.4 percentage point decrease from 85.8% the preceding May.
Southwest forecast a rise of 1% to 2% in RASM, or revenue per available seat mile, for the second quarter, compared to the prior year.
(Photo: Accura Media Group)
