Southwest Airlines Co. (NYSE: LUV) (the “company”) has reported its March and first quarter 2018 preliminary traffic statistics.
The company flew 11.7 billion revenue passenger miles (RPMs) in March 2018, an increase of 3.7 percent from the 11.3 billion RPMs flown in March 2017. Available seat miles (ASMs) increased 2.4 percent to 13.8 billion in March 2018, compared with March 2017 ASMs of 13.4 billion. The March 2018 load factor of 85.1 percent was a March record, compared with 84.1 percent in March 2017.
Southwest Airlines Co. operates a passenger airline that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2017, the company operated a total of 706 Boeing 737 aircraft; and served 100 destinations in 40 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 10 near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, Turks, and Chaos. Southwest Airlines Co. was founded in 1967 and is based in Dallas, Texas.