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Southwest Airlines enjoying healthy load factor gains

7-Sep-2009

Southwest reported 3% year-on-year decline in passenger traffic in Aug-2009, to 7.5 million passengers, while traffic (RPMs) increased 1%, on a 6.1% reduction in capacity. This resulted in a 5.6 ppts increase in load factor for the month, to 80.2% - the second consecutive month of very healthy load factor gains for the LCC. [1481 words]

Unlock the following content in this report:

Subheadings:

  • Credit ratings agencies downgrade Southwest
  • Declares 132nd dividend
  • To commence codesharing with WestJet in 2010
  • Alters Winter 2010 schedule
  • Launches “EarlyBird Check-in” boarding charges

Graphs and data:

  • Southwest monthly passenger traffic (millions) and load factor (%): 12 months to 31-Aug-08 vs 12 months to 31-Aug-09
  • Southwest Airlines RASM growth (% change year-on-year): Jan-09 to Aug-09
  • Southwest fleet plans: 2010-2011
  • Southwest share price: 02-Jun-09 to 02-Sep-09
  • WestJet destination map: Sep-2009
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