Southwest Airlines Co pax up 1% in Jul-2016

Southwest Airlines Co reports (10-Aug-2016) the following combined traffic highlights in Jul-2016:

• Revenue passenger numbers: 11.1 million, +0.6% year-on-year;
• Enplaned passengers: 13.6 million, stable;
• Passenger load factor: 86.9%, -0.8 ppt. [more - original PR]

Southwest Airlines Co: "The significant delays and cancellation of over 2,000 flights due to the Company's technology outage on July 20, 2016 resulted in an approximate 0.5 point unfavorable year-over-year impact to third quarter 2016 operating revenue per available seat mile (RASM). As a result, the Company now expects its third quarter 2016 RASM to decline, year-over-year, in the 3.5 percent to 4.5 percent range, versus its previous guidance of a year-over-year decline in the 3.0 percent to 4.0 percent range." Source: Company statement, 10-Aug-2016