Southwest Airlines Co. (NYSE: LUV) reported Friday that traffic rose 3 percent on its flights in December, according to Associated Press.
Southwest said revenue per seat rose about 7 percent compared with December 2008.
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With its increase in traffic, Southwest joined fellow discount airlines JetBlue and AirTran, which also reported gains in December travel. The discount airlines increased as consumers began to utilize them more due to their low prices in this financial crisis.
In contrast, Delta and American, the two largest U.S. carriers, reported traffic fell in December.
Southwest said paying passengers flew 5.97 billion miles last month, up from 5.79 billion miles in December 2008. The airline reduced traffic 5.8 percent from a year earlier, to 7.83 billion available seat miles. Southwest reduced capacity by cutting flights.
As a result of the capacity cuts, average occupancy or load factor jumped 6.5 percentage points to 76.2 percent.
For the full year, traffic rose 1.3 percent, to 74.46 billion miles flown by paying passengers. Capacity fell 5.1 percent, to 98 billion available seat miles, and average occupancy rose 4.8 points to 76 percent.
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