Wednesday, December 3, 2008
Southwest’s traffic down in Nov.
Nashville Business Journal
Southwest Airlines Co. announced its November traffic dropped from 5.7 billion to 5.3 billion revenue passenger miles in November.
Revenue passenger miles are calculated by multiplying the number of paying passengers by their distance traveled in miles.
Dallas-based Southwest’s revenue on passengers carried — which measures the number of origination and destination paying passengers — fell to 6.5 million, down 10.7 percent from 7.3 million in November of 2007.
The airline’s load factor — which measures the percentage planes are filled with passengers — also dropped in November to 63.2 percent, down from 69.3 percent.
Southwest (NYSE: LUV) is the largest commercial airline carrier in Middle Tennessee.
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