Southwest Airlines Reports June Traffic

Southwest Airlines Co. (NYSE: LUV)
announced today that the Company flew 4.0 billion revenue passenger miles
(RPMs) in June 2001, a 7.0 percent increase from the 3.8 billion RPMs flown in
June 2000.  Available seat miles (ASMs) increased 10.9 percent to 5.4 billion
from the June 2000 level of 4.9 billion.  The load factor for the month was
74.4 percent, compared to 77.1 percent for the same period last year.
 
For the second quarter 2001, Southwest flew 11.8 billion RPMs, compared to
the 11.0 billion RPMs recorded for the same period of 2000, an increase of
7.6 percent.  Available seat miles increased 11.5 percent to 16.4 billion from
the second quarter 2000 level of 14.7 billion.  The second quarter 2001 load
factor was 71.7 percent, compared to 74.3 percent for the same period last
year.

For the first half of 2001, Southwest flew 22.5 billion RPMs, compared
with the 20.4 billion RPMs recorded for the same period in 2000, an increase
of 10.0 percent.  Available seat miles increased 11.8 percent to 32.3 billion
from the 2000 level of 28.9 billion.  The year-to-date load factor was
69.5 percent, compared to 70.6 for the same period last year.
 
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