United Reports June 2016 Operational Performance

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By admin July 13, 2016 20:24

United Reports June 2016 Operational Performance

UAL’s June 2016 consolidated traffic (revenue passenger miles) increased 1.4 percent and consolidated capacity (available seat miles) increased 0.5 percent versus June 2015. UAL’s June 2016 consolidated load factor increased 0.8 points compared to June 2015.

The company now expects second quarter 2016 consolidated passenger unit revenue to decline 6.50 to 6.75 percent compared to the second quarter of 2015. The year-over-year performance was primarily impacted by a strong U.S. dollar, lower surcharges, travel reductions from customers impacted by declining oil prices, competitive actions and passenger demand not growing at the same pace as industry capacity. The company’s consolidated passenger unit revenue result was near the top end of the initial guidance range due to better international yields than originally expected and an increase in business travel in the final week of June, likely associated with the timing of the Fourth of July holiday.

admin
By admin July 13, 2016 20:24