Southwest sees record load factor in May

Southwest Airlines has reported a load factor of 85.8% for May 2016, marking a 1.4 percentage point increase from the 84.4% achieved during the May the previous year and a record high for the month.
Revenue passenger miles (RPMs) grew from 10,202,485,000 in May 2015 by 6.4% to 10,859,110,000 in May 2016, while available seat miles (ASMs) increased by 4.6% from 12,088,512,000 to 12,649,853,000 year-over-year. The number of passengers carried rose by 5.7% from 10,294,774 to 10,880,898 across the same respective periods.
Figures for the year-to-date show a 6.6% increase in passengers from 46,723,734 for the five months to May 2015 to 49,825,259 for the five months to May 2016. RPMs grew from 45,961,807,000 by 8% to 49,626,054,000, while ASMs rose by 7.2% from 56,297,657,000 to 60,343,735,000, resulting in a load factor increase of 0.6 percentage points from 81.6% to 82.2%.
Based on these results and current trends, Southwest continues to expect a modest increase in its second quarter 2016 operating revenue per ASM as compared with second quarter 2015.

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