Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its November and year-to-date preliminary traffic statistics.
The Company flew 10.8 billion revenue passenger miles (RPMs) in November 2017, an increase of 3.4 percent from the 10.4 billion RPMs flown in November 2016. Available seat miles (ASMs) increased 2.5 percent to 12.6 billion in November 2017, compared with November 2016 ASMs of 12.3 billion. The November 2017 load factor was a record for the month of November at 85.8 percent, compared with 85.1 percent in November 2016. Based on these results and current trends, the Company now estimates its fourth quarter 2017 operating revenue per ASM (RASM) will increase in the one to two percent range, as compared with fourth quarter 2016.