28-Apr-2017 4:05 PM
Southwest Airlines reports record first quarter revenue in 2017
Southwest Airlines revenue up 1% - financial highlights for three months ended 31-Mar-2017:
- Total operating revenue: USD4883 million, +1.2% year-on-year;
- Total operating costs: USD4225 million, +8.8%;
- Labour: USD1733 million, +12.6%;
- Fuel: USD922 million, +8.2%;
- Operating profit: USD658 million, -30.3%;
- Net profit: USD351 million, -31.6%;
- Revenue passengers: 29.5 million, +3.3%;
- Enplaned passengers: 35.6 million, +2.7%;
- Passenger load factor: 79.9%, -0.6ppt;
- Yield: USD 15.08 cents, -2.6%;
- Revenue per ASM: USD 13.30 cents, -2.8%;
- Passenger revenue per ASM: USD 12.06 cents, -3.3%;
- Cost per ASM: USD 11.51 cents, +4.5%;
- Cost per ASM excl fuel: USD 9.00 cents, +4.8%;
- Average aircraft stage length: 758 miles, +0.1%;
- Total assets: USD23,763 million;
- Cash and cash equivalents: USD1851 million;
- Total liabilities: USD15,559 million. [more - original PR] [more - original PR - 8K]