Southwest Airlines Co. (NYSE: LUV) has reported its February and year-to-date preliminary traffic statistics, the company said.
The company flew 8.6 billion revenue passenger miles (RPMs) in February 2016, an increase of 13.5 percent from the 7.6 billion RPMs flown in February 2015.
Available seat miles (ASMs) increased 14.7 percent to 10.9 billion in February 2016, compared with February 2015 ASMs of 9.5 billion. The February 2016 load factor was 79.0 percent, compared with 79.9 percent in February 2015.
Based on these results and current trends, the company continues to expect its first quarter 2016 operating revenue per ASM (RASM) to be in line with first quarter 2015.
Southwest Airlines Co. operates Southwest Airlines, a passenger airline that provides scheduled air transportation in the United States and near-international markets.