CBS 11 Header TXA 21 Header MeTV Header KRLD Header The Fan Header
CBS DFW WEATHER APP: iPhone App Store | Android App Coming Soon | More Information

Local

Revenue Measure Down For Southwest Airlines

View Comments

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up

From Our CBS Music Web Sites

454116976 Revenue Measure Down For Southwest AirlinesKe$sha's Scandalous Pre-VMA Selfie

454181828 Revenue Measure Down For Southwest AirlinesBilly Crystal's Robin Williams Tribute

 alt=iPhone 6 Pics Leaked!

453947324 Revenue Measure Down For Southwest AirlinesIce Bucket Challenge Fail

 alt=Musicians Then And Now

cowb thumb Revenue Measure Down For Southwest AirlinesCowboys Cheerleaders

DALLAS (AP) - Southwest Airlines Co. flew more passengers in June but says customers continued to pay less per mile — a key revenue measure for the industry.

The Dallas-based company, which also operates AirTran Airways, said Tuesday that passenger revenue for every seat flown one mile fell about 1 percent last month, compared with June 2012. That follows a 2 percent decline in May and a 4 percent to 5 percent drop in April.

Passenger revenue per seat mile is considered a sign of pricing power.

Southwest increased passenger-carrying capacity 1.7 percent — partly by operating longer flights on average.

With traffic rising faster than capacity, the average flight was more full last month — 85 percent compared with 84.4 percent full a year earlier.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Also Check Out:

MOST VIEWED GALLERIES

View Comments