Southwest Air Reports Mediocre “Seat Miles” Data

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published

Southwest Air did not have a terribly good December

It announced that

The Company flew 8.2 billion revenue passenger miles (RPMs) in December 2011, which was comparable to the combined RPMs flown in December 2010. Available seat miles (ASMs) increased 1.8 percent to 10.5 billion from the December 2010 combined level of 10.3 billion. The load factor for December 2011 was 78.4 percent, compared to the combined load factor of 80.1 percent in December 2010. For December 2011, passenger revenue per ASM (PRASM) is estimated to have increased in the seven to eight percent range as compared to December 2010’s combined PRASM.

 

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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