Southwest Airlines reports March traffic

Southwest Airlines reported its March and Q1 traffic figures Friday, with passenger numbers up by just over 3%. Southwest carried 11.29m revenue passengers in March, an increase of 3.2% on the previous year. For the quarter to end March the airline served 29.5m revenue passengers, a 3.3% lift. Traffic in revenue passenger miles was up 3.9% for the month, but available seat miles capacity rose 4.5%, resulting in a 0.5 percentage point fall in load factor to 84.1%. For the quarter, RPM traffic increased 3.3% on an ASM capacity rise of 4.1%. Load factor dropped 0.6 percentage points to 79.9%. Southwest estimates Q1 2017 operating revenue per ASM will decline by between 2 and 3% compared with Q1 2016. It said bookings and unit revenue trends remain strong for Q2. <br/>
Airwise
http://news.airwise.com/story/southwest-reports-march-2017-traffic
4/7/17