Southwest Airlines reports July traffic

Southwest Airlines Co. (NYSE: LUV) has reported its July and year-to-date preliminary traffic statistics, the company said.

The company flew 12.4 billion revenue passenger miles (RPMs) in July 2017, an increase of 6.0 percent from the 11.7 billion RPMs flown in July 2016. Available seat miles (ASMs) increased 5.5 percent to 14.2 billion in July 2017, compared with July 2016 ASMs of 13.4 billion.

The July 2017 load factor was 87.3 percent, compared with 86.9 percent in July 2016. Based on these results and current trends, the company continues to expect its third quarter 2017 operating revenue per ASM (RASM) to increase approximately one percent, as compared with third quarter 2016.

Southwest Airlines Co. (Southwest) operates Southwest Airlines, a passenger airline that provides scheduled air transportation in the United States and near-international markets. As of December 31, 2016, Southwest operated a total of 723 Boeing 737 aircraft and served 101 destinations in 40 states, the District of Columbia, the Commonwealth of Puerto Rico, and eight near-international countries: Mexico, Jamaica, The Bahamas, Aruba, Dominican Republic, Costa Rica, Belize, and Cuba.