Southwest Airlines Co. (LUV: Quote) reported a 4.2 percent year-over-year growth in May 2013 traffic, on a capacity increase of 3.4 percent.
The company said it flew 9.35 billion revenue passenger miles or RPMs in the recent month, up 4.2 percent from the 9.0 billion RPMs flown in May 2012. Available seat miles or ASMs climbed 3.4 percent to 11.41 billion from the prior year level of 11.0 billion, with monthly load factor rising 0.6 percentage points to 81.9 percent, from 81.3 percent a year before.
During the month of May 2013, passenger revenue per ASM or PRASM is estimated to have decreased nearly two percent compared with last year.
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by RTT Staff Writer
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