Southwest Airlines Reports February Traffic

Southwest Airlines Co. announced today that the Company flew 2,167.2 million revenue passenger miles (RPMs) in February 1998, a 9.5 percent increase over the 1,979.3 million RPMs flown in February 1997. Available seat miles (ASMs) increased 6.9 percent to 3,521.3 million from the February 1997 level of 3,295.0 million. The load factor for the month was 61.5 percent, up 1.4 points from 1997.

For the first two months of 1998, Southwest flew 4,236.8 million RPMs, compared with the 4,133.6 million RPMs recorded for the same period of 1997, an increase of 2.5 percent. Available seat miles increased 7.0 percent to 7,356.2 million from the 1997 level of 6,872.9 million. The year-to-date load factor was 57.6 percent, compared to 60.1 percent for the same period last year.

This press release, as well as past releases, can be accessed on the Southwest Airlines internet site at:
http: // www.southwest.com

SOUTHWEST AIRLINES CO.
COMPARATIVE TRAFFIC STATISTICS
FEBRUARY 1998

  FEBRUARY
  1998 1997 % CHANGE
Revenue passengers carried 3,764,367 3,713,523 1.4 %
Revenue passenger miles 2,167,244,613 1,979,290,868 9.5 %
Available seat miles 3,521,275,432 3,294,978,067 6.9 %
Load factor 61.5% 60.1% 1.4 pts.
Average length of haul 576 533 8.1 %
Trips flown 61,017 59,614 2.4 %
       
  YEAR-TO-DATE
  1998 1997 % CHANGE
Revenue passengers carried 7,377,410 7,698,210 (4.2)%
Revenue passenger miles 4,236,799,381 4,133,645,056 2.5 %
Available seat miles 7,356,244,736 6,872,932,865 7.0 %
Load factor 57.6% 60.1% (2.5) pts.
Average length of haul 574 537 6.9 %
Trips flown 127,318 124,310 2.4 %

CONTACT:
Tammy Romo
Director-Investor Relations
(214) 792-4415

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