Southwest August traffic

Southwest Airlines has reported revenue passenger miles increased 7.5% to 10.3bn in August on the back of a 7.6% increase in capacity to 12.1bn available seat miles. August load factor dropped 0.1 percentage points to 85.4%. The year-to-date load factor is up by 0.7 percentage points to 83.6%. The company expects operating revenue per available seat mile will decline 1% Y/Y in Q3.