Southwest Airlines Reports December Traffic

Southwest Airlines Co. announced today that the Company flew 3.9 billion
revenue passenger miles (RPMs) in December 2003, relatively the same RPMs
flown in December 2002. Available seat miles (ASMs) increased 4.3 percent
to 6.2 billion from the December 2002 level of 5.9 billion. The load
factor for the month was 64.0 percent, compared to 66.0 percent for the
same period last year.
For the fourth quarter 2003, Southwest flew 11.7 billion RPMs, compared to
the 11.1 billion RPMs recorded for the same period in 2002, an increase of
5.3 percent. Available seat miles increased 4.0 percent to 18.3 billion
from the fourth quarter 2002 level of 17.6 billion. The fourth quarter
2003 load factor was 63.8 percent, compared to 63.0 percent for the same
period last year.
For the year ended December 31, 2003, Southwest flew 47.9 billion RPMs,
compared to the 45.4 billion RPMs recorded for the same period in 2002, an
increase of 5.6 percent. Available seat miles increased 4.2 percent to
71.8 billion from the 2002 level of 68.9 billion. The year-to-date load
factor was 66.8 percent, compared to 65.9 percent for the same period last
year. Southwest Airlines editorial, based on news release distributed by PR Newswire.

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