Local

Revenue Measure Down For Southwest Airlines

View Comments

From Our CBS Music Web Sites

453641528 10 Revenue Measure Down For Southwest AirlinesAdorbale Baby Animals To Put A Smile On Your Face

christmas on kluv dl Revenue Measure Down For Southwest AirlinesListen To Christmas Music

176461204 10 Revenue Measure Down For Southwest AirlinesWomen With Santa

 alt=Musicians Then And Now II

452359780 10 Revenue Measure Down For Southwest AirlinesMissing Summer?

sx Revenue Measure Down For Southwest Airlines Victoria's Secret Fashion Show

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 This material may not be published, broadcast, rewritten or redistributed.)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