CBS 11 Header TXA 21 Header MeTV Header KRLD Header The Fan Header

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

167944374 10 Revenue Measure Down For Southwest AirlinesCelebrity Mug Shots

181572784 8 Revenue Measure Down For Southwest AirlinesFunny Faced Cheerleaders

 alt=Musicians Then And Now

456131094 10 Revenue Measure Down For Southwest AirlinesPHOTOS: George Clooney’s Wedding Weekend

 alt=Michael Phelps Arrested For DUI...Again

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 This material may not be published, broadcast, rewritten or redistributed.)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