Southwest Airlines announces December, Q4, full-year 2016 traffic stats

Dallas, Texas-based Southwest Airlines Co. (NYSE: LUV) has reported its December, fourth quarter, and total year preliminary traffic statistics, the airline said.

The company flew 10.4 billion revenue passenger miles (RPMs) in December 2016, an increase of 4.2% from the 10.0 billion RPMs flown in December 2015.

Available seat miles (ASMs) increased 4.8% to 12.6 billion in December 2016, compared with December 2015 ASMs of 12.1 billion.

The December 2016 load factor was 82.6%, compared with 83.0% in December 2015.

Based on these results and an improvement in close-in yields, the company estimates its fourth quarter 2016 operating revenue per ASM (RASM) will decline in the 3.0 to 4.0% range, as compared with fourth quarter 2015.

Southwest Airlines operates passenger airlines that provide scheduled air transportation services in the United States and near-international markets. As of December 31, 2015, it operated 704 Boeing 737 aircraft, and served 97 destinations in 40 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 7 near-international countries, including Mexico, Jamaica, The Bahamas, Aruba, the Dominican Republic, Costa Rica, and Belize.