Southwest reports January traffic results

Southwest Airlines Co. (NYSE: LUV) flew 9.4 billion revenue passenger miles (RPMs) in January 2017, an increase of 4.6 percent from the 8.9 billion RPMs flown in January 2016, the airline said.

Available seat miles (ASMs) increased 6.2 percent to 12.3 billion in January 2017, compared with January 2016 ASMs of 11.5 billion. The January 2017 load factor was 76.3 percent, compared with 77.5 percent in January 2016.

Based on these results and current trends, the company continues to expect its first quarter 2017 operating revenue per ASM (RASM) to be flat to down one percent, as compared with first quarter 2016.

Dallas, Texas-based 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.