Loading
16-Oct-2009 2:30 PM

Southwest 3Q2009 revenue down 7.8%, operating profit down 74%

Southwest revenue down 7.8% - financial highlights for the three months ended 30-Sep-2009:

  • Operating revenue: USD2,666 million, -7.8% year-on-year;
  • Operating costs: USD2,644 million, -5.7%;
    • Labour: USD909 million, +6.2%;
    • Fuel: 826 million, -21.4%;
  • Operating profit: USD22 million, -74.4%;
  • Net profit (loss): (USD16 million), compared to a loss of USD120 million in the previous corresponding period;
  • Revenue passengers: 22.4 million, +0.6%;
  • Enplaned passengers: 26.4 million, +2.8%;
  • Load factor: 79.6%, +8.0 ppts;
  • Average passenger fare: USD113.95, -8.4%;
  • Passenger yield per RPM: USD 12.94 cents, -12.0%;
  • Operating revenue per ASM: USD 10.76 cents, -2.2%;
  • Cost per ASM: USD 10.67 cents, stable;
  • Cost per ASM ex-fuel: USD 7.34 cents, +10.0%;
  • Cash and cash equivalents: USD902 million, compared to a cash balance of USD1,368 million at the end of 31-Dec-2008. [more]

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More