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United Continental Holdings, Inc.
today reported November 2012 combined operational results for its airline units.
UAL's consolidated traffic (revenue passenger miles) in November 2012 decreased 2.3 percent and consolidated capacity (available seat miles) decreased 2.6 percent versus November 2011. UAL's consolidated load factor in November 2012 increased 0.3 points compared to November 2011.
UAL's November 2012 consolidated passenger revenue per available seat mile (PRASM) decreased an estimated 1.0 to 2.0 percent compared to November 2011.
Superstorm Sandy reduced revenue by approximately $50 million and reduced consolidated PRASM by approximately 2 points year-over-year in November, which is included in the PRASM estimate above.
About United
United Airlines and United Express operate an average of 5,557 flights a day to 378 airports on six continents from the airline's hubs in Chicago, Cleveland, Denver, Guam, Houston, Los Angeles, New York/Newark, San Francisco, Tokyo and Washington, D.C. In 2011, United carried more traffic than any other airline in the world, and operated more than two million flights carrying 142 million passengers. United is upgrading its cabins with more flat-bed seats in first and business class and more extra-legroom economy-class seating than any other airline in North America. United now has 180 airplanes featuring DIRECTV®, offering customers more live television access than any other airline in the world. United operates nearly 700 mainline aircraft and has orders for more than 270 new aircraft deliveries through 2022. In 2012, United was the first North American airline to take delivery of new Boeing 787 Dreamliner aircraft. United was rated the world's most admired airline on FORTUNE magazine's 2012 airline-industry list of the World's Most Admired Companies. Readers of Global Traveler magazine have voted United's MileagePlus program the best frequent flyer program for eight consecutive years. United is a founding member of Star Alliance, which provides service to 193 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 or follow United on Twitter and Facebook. The common stock of United's parent, United Continental Holdings, Inc., is traded on the NYSE under the symbol UAL.
Preliminary Operational Results
November
Year-to-Date
2012
2011
Change
2012
2011
Change
REVENUE PASSENGER MILES (000)
Domestic
7,007,817
7,238,625
(3.2%)
85,359,849
87,317,293
(2.2%)
International
6,149,948
6,306,534
(2.5%)
79,922,142
79,711,493
0.3%
Atlantic
2,511,341
2,704,953
(7.2%)
35,059,258
36,390,111
(3.7%)
Pacific
2,439,537
2,448,408
(0.4%)
29,759,698
28,734,165
3.6%
Latin
1,199,070
1,153,173
4.0%
15,103,186
14,587,217
3.5%
Mainline
13,157,765
13,545,159
(2.9%)
165,281,991
167,028,786
(1.0%)
Regional
2,044,959
2,017,593
1.4%
23,996,964
23,619,783
1.6%
Consolidated
15,202,724
15,562,752
(2.3%)
189,278,955
190,648,569
(0.7%)
AVAILABLE SEAT MILES (000)
Domestic
8,374,572
8,577,653
(2.4%)
100,358,147
102,422,962
(2.0%)
International
7,746,229
8,019,554
(3.4%)
98,887,420
98,994,955
(0.1%)
Atlantic
3,307,358
3,498,742
(5.5%)
43,994,516
45,491,362
(3.3%)
Pacific
2,980,218
3,061,718
(2.7%)
36,163,580
35,047,304
3.2%
Latin
1,458,653
1,459,094
0.0%
18,729,324
18,456,289
1.5%
Mainline
16,120,801
16,597,207
(2.9%)
199,245,567
201,417,917
(1.1%)
Regional
2,535,825
2,560,015
(0.9%)
29,949,597
30,313,890
(1.2%)
Consolidated
18,656,626
19,157,222
(2.6%)
229,195,164
231,731,807
(1.1%)
PASSENGER LOAD FACTOR
Domestic
83.7%
84.4%
(0.7) pts
85.1%
85.3%
(0.2) pts
International
79.4%
78.6%
0.8 pts
80.8%
80.5%
0.3 pts
Atlantic
75.9%
77.3%
(1.4) pts
79.7%
80.0%
(0.3) pts
Pacific
81.9%
80.0%
1.9 pts
82.3%
82.0%
0.3 pts
Latin
82.2%
79.0%
3.2 pts
80.6%
79.0%
1.6 pts
Mainline
81.6%
81.6%
0.0 pts
83.0%
82.9%
0.1 pts
Regional
80.6%
78.8%
1.8 pts
80.1%
77.9%
2.2 pts
Consolidated
81.5%
81.2%
0.3 pts
82.6%
82.3%
0.3 pts
ONBOARD PASSENGERS (000)
Mainline
7,035
7,341
(4.2%)
86,264
88,580
(2.6%)
Regional
3,732
3,596
3.8%
43,100
41,661
3.5%
Consolidated
10,767
10,937
(1.6%)
129,364
130,241
(0.7%)
CARGO REVENUE TON MILES (000)
Total
197,018
208,036
(5.3%)
2,260,972
2,421,708
(6.6%)
Preliminary Financial Results
October 2012 year-over-year consolidated PRASM change
0.8
%
October 2012 year-over-year mainline PRASM change
(0.4)
%
November 2012 estimated year-over-year consolidated PRASM change
(1.0) - (2.0)
%
November 2012 estimated year-over-year mainline PRASM change
(1.5) - (2.5)
%
November 2012 estimated consolidated average price per gallon of fuel, including fuel taxes
3.21
Dollars
Fourth Quarter 2012 estimated consolidated average price per gallon of fuel, including fuel taxes
3.30
Dollars
Preliminary Operational Results
2012
20113
Change
November On-Time Performance1
85.5%
82.6%
2.9
pts
November Completion Factor2
98.6%
99.6%
(1.0)
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.
3 In order to provide a meaningful year-over-year comparison, 2011 operational results are combined on a weighted departure basis for the Company's two operating subsidiaries, United and Continental. On a standalone basis, United's November 2011 on-time performance and completion factor was 82.9% and 99.3%, respectively, and Continental's November 2011 on-time performance and completion factor was 82.2% and 99.7%, respectively.
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