Southwest Airlines Co pax up 6%, load factor stable in Mar-2016. Handles 28.6m revenue pax in 1Q

Southwest Airlines Co passenger numbers up 6% - traffic highlights:

• Mar-2016:
• • Revenue passengers: 10.9 million, +5.6% year-on-year;
  • Enplaned passengers: 13.1 million, +4.7%;
  • Passenger load factor: 84.6%, +0.1 ppt;
  • Average length of haul: 994 miles, +0.6%;
• Three months ended 31-Mar-2016:
• • Revenue passengers: 28.6 million, +8.2%;
  • Enplaned passengers: 34.6 million, +7.9%;
  • Passenger load factor: 80.5%, +0.4 ppt;
  • Average length of haul: 993 miles, +1.5%. [more - original PR]

Southwest Airlines: "The Company continues to estimate its first quarter 2016 operating revenue per ASM (RASM) will be in line with first quarter 2015." Source: Company statement, 07-Apr-2016.