Southwest Airlines anticipates 1Q2016 RASM to be in line with 1Q2015

Southwest Airlines EVP and CFO Tammy Romo stated (08-Mar-2016) the carrier expects 1Q2016 RASM to be in line with 1Q2015, although 1Q2016 costs are expected to increase in the 1% to 2% range year-over-year. The carrier continues to expect its FY2016 available seat miles to increase in the 5% to 6% range year-over-year, while the annualised impact of Southwest's 2015 expansion is expected to contribute the majority of 2016's year-over-year capacity growth. [more - original PR]