CHICAGO, Feb. 7, 2013 /PRNewswire/ -- United Continental
Holdings, Inc. (NYSE: UAL) today reported January 2013 combined operational results for its
airline units.
UAL's consolidated traffic (revenue passenger miles) in
January 2013 increased 0.9 percent
and consolidated capacity (available seat miles) decreased 1.9
percent versus January 2012. UAL's
consolidated load factor in January
2013 increased 2.2 points compared to January 2012.
UAL's January 2013 consolidated
passenger revenue per available seat mile (PRASM) increased an
estimated 3.0 to 4.0 percent compared to January 2012.
About United
United Airlines and United Express
operate an average of 5,472 flights a day to 381 airports across
six continents. In 2012, United and United Express carried more
passenger traffic than any other airline in the world and operated
nearly two million flights carrying 140 million customers. United
is investing in upgrading its onboard products and now offers more
flat-bed seats in its premium cabins and more extra-legroom
economy-class seating than any airline in North America. In 2013, United became the
first U.S.-based international carrier to offer satellite-based
Wi-Fi on long-haul overseas routes. The airline also features
DIRECTV® on nearly 200 aircraft, offering customers more live
television access than any other airline in the world. United
operates nearly 700 mainline aircraft and has made large-scale
investments in its fleet. In 2013, United will continue to
modernize its fleet by taking delivery of more than two dozen new
Boeing aircraft. The company expanded its industry-leading global
route network in 2012, launching nine new international and 18 new
domestic routes. Business Traveler magazine awarded United
Best Airline for North American Travel for 2012, and readers of
Global Traveler magazine have voted United's MileagePlus
program the best frequent flyer program for nine consecutive years.
United is a founding member of Star
Alliance, which provides service to 194 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
|
|
|
|
January
|
|
2013
|
2012
|
Change
|
|
|
|
|
REVENUE PASSENGER MILES (000)
|
|
|
|
|
Domestic
|
6,712,465
|
6,673,051
|
0.6%
|
|
|
|
|
|
|
International
|
6,824,847
|
6,785,047
|
0.6%
|
|
Atlantic
|
2,592,765
|
2,719,271
|
(4.7%)
|
|
Pacific
|
2,690,408
|
2,566,037
|
4.8%
|
|
Latin
|
1,541,674
|
1,499,739
|
2.8%
|
|
|
|
|
|
|
Mainline
|
13,537,312
|
13,458,098
|
0.6%
|
|
Regional
|
1,932,691
|
1,879,152
|
2.8%
|
|
Consolidated
|
15,470,003
|
15,337,250
|
0.9%
|
|
|
|
|
|
AVAILABLE SEAT MILES (000)
|
|
|
|
|
Domestic
|
8,160,226
|
8,240,673
|
(1.0%)
|
|
|
|
|
|
|
International
|
8,702,507
|
8,918,572
|
(2.4%)
|
|
Atlantic
|
3,557,669
|
3,876,046
|
(8.2%)
|
|
Pacific
|
3,245,422
|
3,146,282
|
3.2%
|
|
Latin
|
1,899,416
|
1,896,244
|
0.2%
|
|
|
|
|
|
|
Mainline
|
16,862,733
|
17,159,245
|
(1.7%)
|
|
Regional
|
2,510,358
|
2,590,627
|
(3.1%)
|
|
Consolidated
|
19,373,091
|
19,749,872
|
(1.9%)
|
|
|
|
|
|
PASSENGER LOAD FACTOR
|
|
|
|
|
Domestic
|
82.3%
|
81.0%
|
1.3
pts
|
|
|
|
|
|
|
International
|
78.4%
|
76.1%
|
2.3
pts
|
|
Atlantic
|
72.9%
|
70.2%
|
2.7
pts
|
|
Pacific
|
82.9%
|
81.6%
|
1.3
pts
|
|
Latin
|
81.2%
|
79.1%
|
2.1
pts
|
|
|
|
|
|
|
Mainline
|
80.3%
|
78.4%
|
1.9
pts
|
|
Regional
|
77.0%
|
72.5%
|
4.5
pts
|
|
Consolidated
|
79.9%
|
77.7%
|
2.2
pts
|
|
|
|
|
|
ONBOARD
PASSENGERS (000)
|
|
|
|
|
Mainline
|
7,019
|
7,016
|
0.0%
|
|
Regional
|
3,511
|
3,313
|
6.0%
|
|
Consolidated
|
10,530
|
10,329
|
1.9%
|
|
|
|
|
|
CARGO
REVENUE TON MILES (000)
|
|
|
|
|
Total
|
170,190
|
192,969
|
(11.8%)
|
Preliminary Financial Results
|
|
|
|
|
|
|
|
December
2012 year-over-year consolidated PRASM change
|
3.2
|
%
|
December
2012 year-over-year mainline PRASM change
|
2.0
|
%
|
January
2013 estimated year-over-year consolidated PRASM change
|
3.0 -
4.0
|
%
|
January
2013 estimated year-over-year mainline PRASM change
|
2.0 -
3.0
|
%
|
January
2013 estimated consolidated average price per gallon of fuel,
including the impact of all cash settled hedges and fuel
taxes
|
3.21
|
Dollars
|
First
Quarter 2013 estimated consolidated average price per gallon of
fuel, including the impact of all cash settled hedges
and fuel taxes
|
3.31
|
Dollars
|
|
|
|
|
|
|
|
|
|
Preliminary Operational
Results
|
|
|
|
2013
|
2012
|
Change
|
January
On-Time Performance1
|
82.8%
|
82.2%
|
0.6
|
pts
|
January
Completion Factor2
|
99.3%
|
98.9%
|
0.4
|
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.
|
Safe Harbor Statement
Safe Harbor Statement under
the Private Securities Litigation Reform Act of 1995: Certain
statements included in this release are forward-looking and thus
reflect our current expectations and beliefs with respect to
certain current and future events and financial performance. Such
forward-looking statements are and will be subject to many risks
and uncertainties relating to our operations and business
environment that may cause actual results to differ materially from
any future results expressed or implied in such forward-looking
statements. Words such as "expects," "will," "plans,"
"anticipates," "indicates," "believes," "forecast," "guidance,"
"outlook" and similar expressions are intended to identify
forward-looking statements. Additionally, forward-looking
statements include statements which do not relate solely to
historical facts, such as statements which identify uncertainties
or trends, discuss the possible future effects of current known
trends or uncertainties, or which indicate that the future effects
of known trends or uncertainties cannot be predicted, guaranteed or
assured. All forward-looking statements in this release are based
upon information available to us on the date of this release. We
undertake no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future events, changed circumstances or otherwise, except as
required by applicable law. Our actual results could differ
materially from these forward-looking statements due to numerous
factors including, without limitation, the following: our ability
to comply with the terms of our various financing arrangements; the
costs and availability of financing; our ability to maintain
adequate liquidity; our ability to execute our operational plans;
our ability to control our costs, including realizing benefits from
our resource optimization efforts, cost reduction initiatives and
fleet replacement programs; our ability to utilize our net
operating losses; our ability to attract and retain customers;
demand for transportation in the markets in which we operate; an
outbreak of a disease that affects travel demand or travel
behavior; demand for travel and the impact that global economic
conditions have on customer travel patterns; excessive taxation and
the inability to offset future taxable income; general economic
conditions (including interest rates, foreign currency exchange
rates, investment or credit market conditions, crude oil prices,
costs of aviation fuel and energy refining capacity in relevant
markets); our ability to cost-effectively hedge against increases
in the price of aviation fuel; any potential realized or unrealized
gains or losses related to fuel or currency hedging programs; the
effects of any hostilities, act of war or terrorist attack; the
ability of other air carriers with whom we have alliances or
partnerships to provide the services contemplated by the respective
arrangements with such carriers; the costs and availability of
aviation and other insurance; the costs associated with security
measures and practices; industry consolidation or changes in
airline alliances; competitive pressures on pricing and on demand;
our capacity decisions and the capacity decisions of our
competitors; U.S. or foreign governmental legislation, regulation
and other actions (including open skies agreements and
environmental regulations); labor costs; our ability to maintain
satisfactory labor relations and the results of the collective
bargaining agreement process with our union groups; any disruptions
to operations due to any potential actions by our labor groups;
weather conditions; the possibility that expected merger synergies
will not be realized or will not be realized within the expected
time period; and other risks and uncertainties set forth under Item
1A., Risk Factors of our Annual Report on Form 10-K, as well as
other risks and uncertainties set forth from time to time in the
reports we file with the SEC. Consequently, forward-looking
statements should not be regarded as representations or warranties
by us that such matters will be realized.
SOURCE United Continental Holdings, Inc.