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8-K - FORM 8-K DECEMBER 2014 TRAFFIC RELEASE - SOUTHWEST AIRLINES COtraffic8k122014cover.htm


SOUTHWEST AIRLINES REPORTS DECEMBER TRAFFIC

DALLAS, TEXAS – January 12, 2015 – Southwest Airlines Co. (NYSE: LUV) announced today that the Company flew 9.2 billion revenue passenger miles (RPMs) in December 2014, a 2.8 percent increase from the 9.0 billion RPMs flown in December 2013. Available seat miles (ASMs) increased 2.9 percent to 11.2 billion from the December 2013 level of 10.8 billion. The December 2014 load factor was 82.7 percent compared with 82.8 percent in December 2013. For December 2014, passenger revenue per ASM (PRASM) is estimated to have decreased in the four to five percent range, as compared with December 2013.
For the fourth quarter of 2014, the Company flew 26.8 billion RPMs, compared with 25.7 billion RPMs flown for the same period in 2013, an increase of 4.3 percent. Fourth quarter 2014 ASMs increase2.4 percent to 32.6 billion from fourth quarter 2013 ASMs of 31.9 billion. The fourth quarter 2014 load factor was 82.0 percent, compared with 80.4 percent for the same period in 2013. For fourth quarter 2014, PRASM is estimated to have increased in the one to two percent range, as compared with fourth quarter 2013.
For the full year of 2014, the Company flew 108.0 billion RPMs, compared with 104.3 billion RPMs flown in full year 2013, an increase of 3.5 percent. Full year 2014 ASMs increase0.5 percent to 131.0 billion from 130.3 billion for full year 2013. The full year 2014 load factor was 82.5 percent, compared with 80.1 percent for full year 2013.
This release, as well as past news releases about Southwest Airlines Co., is available online at southwest.com.    

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Southwest Airlines Co.
Preliminary Comparative Traffic Statistics

DECEMBER
 
2014
 
2013
 
Change
Revenue passengers carried
9,594,370

 
9,307,789

 
3.1%
Enplaned passengers
11,666,424

 
11,487,623

 
1.6%
Revenue passenger miles (000s)
9,224,382

 
8,975,588

 
2.8%
Available seat miles (000s)
11,151,720

 
10,839,912

 
2.9%
Load factor
82.7
%
 
82.8
%
 
(0.1) pts.
Average length of haul
961

 
964

 
(0.3)%
Trips flown
104,550

 
107,157

 
(2.4)%


FOURTH QUARTER
 
2014
 
2013
 
Change
Revenue passengers carried
27,894,107

 
26,895,809

 
3.7%
Enplaned passengers
34,065,219

 
33,118,822

 
2.9%
Revenue passenger miles (000s)
26,767,655

 
25,652,363

 
4.3%
Available seat miles (000s)
32,647,338

 
31,886,318

 
2.4%
Load factor
82.0
%
 
80.4
%
 
1.6 pts.
Average length of haul
960

 
954

 
0.6%
Trips flown
309,271

 
317,688

 
(2.6)%


TOTAL YEAR
 
2014
 
2013
 
Change
Revenue passengers carried
110,496,912

 
108,075,976

 
2.2%
Enplaned passengers
135,767,188

 
133,155,030

 
2.0%
Revenue passenger miles (000s)
108,035,133

 
104,348,216

 
3.5%
Available seat miles (000s)
131,003,957

 
130,344,072

 
0.5%
Load factor
82.5
%
 
80.1
%
 
2.4 pts.
Average length of haul
978

 
966

 
1.2%
Trips flown
1,255,502

 
1,312,785

 
(4.4)%

Investor Contact:
Southwest Airlines Investor Relations
214-792-4415

Media Contact:
Southwest Airlines Media Relations
214-792-4847
swamedia@wnco.com
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