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Old Oct 4, 2005, 8:59 am
  #8  
gregorygrady
 
Join Date: May 2003
Posts: 6,355
Southwest Sept. Traffic Up 18.9 Percent

Looking good for LUV!! Traffic jumped 18.9% while SWA added 11.5% more capacity. I guess the jump in traffic answered my earlier question about the effect of the hurricanes. Also interesting is that the overall Q3 load factor is up from 72.7% to 74.9% from Q3 2004. Looks like it's time to load up on the LUV while you still can near $15 per share! Link to article here.
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Southwest Airlines September Traffic Jumps 18.9 Percent As Co. Adds 11.5 Percent More Capacity


DALLAS (AP) -- Southwest Airlines Co. on Tuesday said September traffic jumped 18.9 percent as the company added 11.5 percent more capacity.
The air carrier posted 4.7 billion revenue passenger miles, up from 4 billion a year ago. A revenue passenger mile equals one paying passenger flown one mile.

Available seat miles, or capacity, increased to 7 billion from 6.3 billion in September last year. Meanwhile, load factor, or the number of passengers carried as a portion of available seats, rose 4.2 percent to 67.4 percent.

During the third quarter, Southwest flew 16.4 billion revenue passenger miles, up 15.5 percent from 14.2 billion in the prior-year period, and added 12.2 percent more available seat miles for a total of 21.9 billion. Load factor in the quarter was 74.9 percent versus 72.7 percent in the third quarter of 2004.

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