United Continental December Total Traffic Drops 4%
United Continental Holdings (NYSE: UAL) reported a 4% decline in its December total traffic.
UAL's load factor widened to 82.4%, from 81.2%, in the year-ago period. Its total traffic fell to 16.21 billion revenue passenger miles, from 16.88 billion RPMs, in the year-ago period.
For 2012, UAL's load factor rose 0.4 percentage point to 82.6%.
UAL shares closed at $25.62 yesterday.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.