United Airlines (UAL) Load Factor Fell 0.2 Points in October
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United Airlines (NYSE: UAL) reported October 2014 operational results.
UAL’s October 2014 consolidated traffic (revenue passenger miles) increased 0.4 percent and consolidated capacity (available seat miles) increased 0.7 percent versus October 2013. UAL’s October 2014 consolidated load factor decreased 0.2 points compared to October 2013.
About United
United Airlines and United Express operate an average of 5,100 flights a day to 374 airports across six continents. In 2013, United and United Express operated nearly two million flights carrying 139 million customers. With U.S. mainland hubs in Chicago, Denver, Houston, Los Angeles, New York/Newark, San Francisco and Washington, D.C., United operates more than 700 mainline aircraft. This year, the airline is taking delivery of 35 new Boeing aircraft, including the 787-9 as the North American launch customer, and is welcoming 32 new Embraer 175 aircraft to United Express. The airline is a founding member of Star Alliance, which provides service to 192 countries via 27 member airlines. More than 85,000 United employees reside in every U.S. state and in countries around the world. For more information, visit united.com, follow @United on Twitter or connect on Facebook. The common stock of United’s parent, United Continental Holdings, Inc., is traded on the NYSE under the symbol UAL.
Preliminary Operational Results
| October | Year-to-Date | |||||||||||||||||||||||
| 2014 | 2013 | Change | 2014 | 2013 | Change | |||||||||||||||||||
REVENUE PASSENGER MILES (000) | ||||||||||||||||||||||||
Domestic | 7,632,764 | 7,668,146 | (0.5 | %) | 76,357,734 | 76,787,539 | (0.6 | %) | ||||||||||||||||
International | 7,114,094 | 6,994,990 | 1.7 | % | 74,795,070 | 73,922,195 | 1.2 | % | ||||||||||||||||
Atlantic | 3,325,808 | 3,334,162 | (0.3 | %) | 32,607,007 | 32,770,925 | (0.5 | %) | ||||||||||||||||
Pacific | 2,642,739 | 2,628,394 | 0.5 | % | 27,188,067 | 27,102,205 | 0.3 | % | ||||||||||||||||
Latin | 1,145,547 | 1,032,434 | 11.0 | % | 14,999,996 | 14,049,065 | 6.8 | % | ||||||||||||||||
Mainline | 14,746,858 | 14,663,136 | 0.6 | % | 151,152,804 | 150,709,734 | 0.3 | % | ||||||||||||||||
Regional | 2,293,366 | 2,303,418 | (0.4 | %) | 22,234,976 | 22,244,679 | 0.0 | % | ||||||||||||||||
Consolidated | 17,040,224 | 16,966,554 | 0.4 | % | 173,387,780 | 172,954,413 | 0.3 | % | ||||||||||||||||
AVAILABLE SEAT MILES (000) | ||||||||||||||||||||||||
Domestic | 9,091,001 | 9,108,727 | (0.2 | %) | 88,425,616 | 89,451,782 | (1.1 | %) | ||||||||||||||||
International | 8,991,645 | 8,809,595 | 2.1 | % | 91,564,935 | 89,803,307 | 2.0 | % | ||||||||||||||||
Atlantic | 4,119,784 | 4,183,387 | (1.5 | %) | 40,293,211 | 39,991,759 | 0.8 | % | ||||||||||||||||
Pacific | 3,442,864 | 3,316,215 | 3.8 | % | 33,261,067 | 32,506,539 | 2.3 | % | ||||||||||||||||
Latin | 1,428,997 | 1,309,993 | 9.1 | % | 18,010,657 | 17,305,009 | 4.1 | % | ||||||||||||||||
Mainline | 18,082,646 | 17,918,322 | 0.9 | % | 179,990,551 | 179,255,089 | 0.4 | % | ||||||||||||||||
Regional | 2,776,723 | 2,785,985 | (0.3 | %) | 26,676,897 | 27,112,202 | (1.6 | %) | ||||||||||||||||
Consolidated | 20,859,369 | 20,704,307 | 0.7 | % | 206,667,448 | 206,367,291 | 0.1 | % | ||||||||||||||||
PASSENGER LOAD FACTOR | ||||||||||||||||||||||||
Domestic | 84.0% | 84.2% | (0.2 | ) pts | 86.4% | 85.8% | 0.6 | pts | ||||||||||||||||
International | 79.1% | 79.4% | (0.3 | ) pts | 81.7% | 82.3% | (0.6 | ) pts | ||||||||||||||||
Atlantic | 80.7% | 79.7% | 1.0 | pt | 80.9% | 81.9% | (1.0 | ) pt | ||||||||||||||||
Pacific | 76.8% | 79.3% | (2.5 | ) pts | 81.7% | 83.4% | (1.7 | ) pts | ||||||||||||||||
Latin | 80.2% | 78.8% | 1.4 | pts | 83.3% | 81.2% | 2.1 | pts | ||||||||||||||||
Mainline | 81.6% | 81.8% | (0.2 | ) pts | 84.0% | 84.1% | (0.1 | ) pts | ||||||||||||||||
Regional | 82.6% | 82.7% | (0.1 | ) pts | 83.3% | 82.0% | 1.3 | pts | ||||||||||||||||
Consolidated | 81.7% | 81.9% | (0.2 | ) pts | 83.9% | 83.8% | 0.1 | pts | ||||||||||||||||
ONBOARD PASSENGERS (000) | ||||||||||||||||||||||||
Mainline | 7,594 | 7,521 | 1.0 | % | 76,982 | 76,695 | 0.4 | % | ||||||||||||||||
Regional | 4,021 | 4,181 | (3.8 | %) | 39,105 | 40,109 | (2.5 | %) | ||||||||||||||||
Consolidated | 11,615 | 11,702 | (0.7 | %) | 116,087 | 116,804 | (0.6 | %) | ||||||||||||||||
CARGO REVENUE TON MILES (000) | ||||||||||||||||||||||||
Total | 227,445 | 196,399 | 15.8 | % | 2,040,195 | 1,810,837 | 12.7 | % | ||||||||||||||||
(more)
Preliminary Fuel Costs Per Gallon
Fourth Quarter 2014 estimated consolidated average price per gallon of fuel, including the impact of all cash-settled hedges and fuel taxes | 2.76-2.81 Dollars |
Preliminary Operational Results
| 2014 | 2013 | Change | ||||||||||
October On-Time Performance1 | 77.4 | % | 85.0 | % | (7.6 | ) pts | ||||||
October Completion Factor2 | 99.3 | % | 99.5 | % | (0.2 | ) pts | ||||||
| 1 | Based on domestic mainline scheduled flights arriving within 14 minutes of scheduled arrival time, according to data published in the DOT Air Travel Consumer Report |
| 2 | Mainline completion percentage |
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