United Airlines (UAL) Dec. Traffic Increases 2.6%, Capacity Up 2.6%
Get Alerts UAL Hot Sheet
Join SI Premium – FREE
United Airlines (UAL) today reported December 2016 operational results.
UAL's December 2016 consolidated traffic (revenue passenger miles) increased 2.6 percent and consolidated capacity (available seat miles) increased 2.6 percent versus December 2015. UAL's December 2016 consolidated load factor increased 0.1 points compared to December 2015.
The company now expects fourth-quarter 2016 consolidated passenger unit revenue to decline 1.25 to 1.75 percent compared to the fourth quarter of 2015. The improvement from revised guidance provided on Dec. 8 is due to stronger than expected close-in bookings and yields during the month of December.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Philip Morris (PM) beats Q1 earnings, revenue estimates; issues upbeat guidance
- Zoned Properties, Inc. (ZDPY) Announces $1M Share Buyback
- NextEra Energy (NEE) Tops Q1 EPS by 16c, provides guidance
Create E-mail Alert Related Categories
Corporate News, Guidance, Hot GuidanceRelated Entities
Twitter, Crude OilSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!