Dallas-based carrier Southwest Airlines said during the investor day presentation last Monday that it expects for its current quarter to demonstrate modest growth in revenue.
According to the Chief Financial Officer of Southwest Airlines Tammy Romo, the passenger revenue per available seat miles will go up by 1% to 2% year on year.
Meanwhile, the airline intends to grow its number of seat miles for 2015 by 6% year on year and about half of its will be fixed to the airfield Dallas Love Field where flying have been partly restricted until October 2014 when its statute expired.
Also, Southwest Airlines plans to expand its revenue for 2015 together with its capacity according to the company’s chief financial officer.
On Monday, the shares of Southwest Airlines traded at $39 which is about 1.99% higher on the New York Stock Exchange.
In the company’s 44th year of service, Southwest Airlines currently operates around 3,600 flights everyday together with its subsidiary AirTran Airways. They are already serving almost 100 destinations across the U.S. and five countries to date.