On Wednesday, Shares of Southwest Airlines Co (NYSE:LUV), lost -3.14% to $32.36.
Southwest Airlines, declared that the Company flew 10.8 billion revenue passenger miles (RPMs) in June 2015, a 6.9 percent enhance from the 10.1 billion RPMs flown in June 2014. Accessible seat miles (ASMs) raised 6.7 percent to 12.5 billion in June 2015, contrast with the June 2014 level of 11.7 billion. The June 2015 load factor was a record for the month of June at 86.2 percent, contrast with 86.1 percent in June 2014.
For the second quarter of 2015, the Company flew 30.9 billion RPMs, contrast with 28.6 billion RPMs flown for the same period in 2014, an enhance of 7.9 percent. Second quarter 2015 ASMs raised 7.0 percent to a level of 36.5 billion, contrast with second quarter 2014 ASMs of 34.1 billion. The second quarter 2015 load factor was a record 84.6 percent, contrast with 83.9 percent for the same period in 2014. The Company continues to expect its second quarter 2015 passenger revenue per ASM (PRASM) to decease in the 4.0 to 5.0 percent range, contrast with second quarter 2014.
Southwest Airlines Co. operates passenger airlines that provide planned air transportation services in the United States and near-international markets. As of December 31, 2014, it operated 665 Boeing 737 aircraft; and had 12 Boeing 717 aircraft.
Finally, LaSalle Hotel Properties (NYSE:LHO), ended its last trade with -0.75% loss, and closed at $37.14.
LaSalle Hotel Properties, declared it will report financial results for the Second Quarter 2015 on Wednesday, July 22, 2015 after the market closes. The Company will conduct its quarterly conference call on Thursday, July 23, 2015 at 10:00 AM eastern time.
LaSalle Hotel Properties, a real estate investment trust (REIT), engages in the purchase, ownership, redevelopment, and leasing of primarily upscale and luxury full-service hotels in convention, resort, and urban business markets in the United States.
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