Southwest Airlines July load factor falls

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Southwest Airlines July load factor falls



Monday August 5, 8:56 AM EDT


DALLAS, Aug 5 (Reuters) - Southwest Airlines Co. (LUV
<http://money.excite.com/jsp/qt/full.jsp?time=0&symbol_search_text=LUV>
), the nation's top discount carrier, said Monday its July load factor,
or percent of capacity in use, fell to 73.2 percent from 75.8 percent in
the same month a year ago.

Dallas-based Southwest also reported it flew 4.3 billion revenue
passenger miles (RPMs) in July 2002, about the same RPMs flown in July
2001. Available seat miles (ASMs) increased 4.0 percent to 5.9 billion
from the July 2001 level of 5.7 billion.

For the first seven months of 2002, Southwest said it flew 26.7 billion
RPMs, compared with the 26.8 billion RPMs recorded for the same period
of 2001. Available seat miles increased 4.3 percent to 39.6 billion from
the 2001 level of 38.0 billion. The year-to-date load factor was 67.5
percent, compared to 70.5 percent for the same period last year.

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