Airline Operating and Financial Reports

Southwest Sees January Traffic Increase

Southwest Sees January Traffic Increase

Southwest Airlines announced operational results for January 2018. The carrier reported an increase in its traffic, capacity, and load factor.
The airline’s total system traffic was 9.73 billion RPMs, or revenue passenger miles, a year-over-year increase of 4% from 9.35 billion RPMs in January 2017.
The carrier reported a total system capacity of 12.5 billion ASMs, or available seat miles, up 1.9% from 12.27 billion the previous January.
Meanwhile, Southwest’s load factor for …

Hawaiian Reports Modest Increase in Load Factor and Traffic for January 2018

Hawaiian Reports Modest Increase in Load Factor and Traffic for January 2018

Hawaiian Airlines announced operational results for January 2018.
The carrier’s total system traffic for the month was 1.37 billion RPMs, or revenue passenger miles, a 2.3% increase from 1.33 billion RPMs in January 2017.
Capacity, measured in ASMs, or available seat miles, was 1.63 billion, a 2.3% increase from 1.59 billion last year.
The carrier’s load factor for the month of January was 84.1%, 0.2 percentage points higher than 83.9% last January.
The airline also …

Delta Reports Capacity Increase, Load Factor Drop for January 2018

Delta Reports Capacity Increase, Load Factor Drop for January 2018

Delta Air Lines announced operational results for January 2018.
The Atlanta-based carrier’s total system traffic for the month was 15.64 billion revenue passenger miles, or RPMs, virtually unchanged from January 2017.  Domestic traffic rose 1.3%, from 9.59 billion RPMs 9.71 billion RPMs, while international traffic decreased to 5.93 billion RPMs, a 2% drop from 6.05 billion RPMs the previous January.
Total system-wide capacity for the month rose to 19.62 billion available seat …

JetBlue Profit Soars in Fourth Quarter

JetBlue Profit Soars in Fourth Quarter

JetBlue Airways announced financial results for the fourth quarter of 2017.
The New York-based airline said its fourth-quarter net income rose to $672 million, a 291% increase from $172 million in Q4 2016.
The New York-based airline reported fourth quarter revenue of $1.8 billion, a 12.5% increase from last year’s $1.6 billion.
The carrier said that passenger revenue per available seat mile, or Prasm, increased by 0.8% year-over-year for the fourth quarter, up …

Hawaiian Reports ‘Record Earnings’ for 2017

Hawaiian Reports ‘Record Earnings’ for 2017

Hawaiian Airlines announced financial results for quarter and year ending December 31, 2017.
The Honolulu-based carrier reported net income of $364 million, on revenue of $2.7 billion, for the year, a 55% increase over the prior year. For the fourth quarter, the airline reported a net income of $172 million, on revenue of $687 million, up 1.1% year over year.
The airline also set a record for the number of passengers carried, …

Southwest Sees Record Profit for Q4 2017

Southwest Sees Record Profit for Q4 2017

Southwest Airlines announced financial results for the fourth quarter of 2017.
The airline reported record fourth quarter net income of $1.888 billion, a 261.7% increase over Q4 2016.
The airline also set a record for fourth-quarter operating revenue, reporting $5.3 billion, a year-over-year increase of 3.9%.
Southwest’s passenger revenue per available seat mile, or Prasm, increased 0.5%, up to 12.50 cents.
Passenger traffic in the fourth quarter increased by 2.6%, up to 32.19 billion …

United Airlines Projects New Period of Growth as Q4 Profit Jumps

United Airlines Projects New Period of Growth as Q4 Profit Jumps

United Airlines will grow capacity at an accelerated rate through the end of the decade, as it plays catch-up with its two largest competitors.
After the closing bell, the nation’s number 3 airline by traffic said Q4 net income rose 46% on a modest increase in revenue.
The airline plans to increase overall system capacity by 4% to 6% for three years starting in 2018, the airline’s president, Scott Kirby, said at …