United Airlines (UAL) Load Factor Rose 0.9 Points in May 2014
Get Alerts UAL Hot Sheet
Join SI Premium – FREE
United Airlines (NYSE: UAL) reported May 2014 operational results.
UAL's May 2014 consolidated traffic (revenue passenger miles) increased 1.2 percent and consolidated capacity (available seat miles) increased 0.2 percent versus May 2013. UAL's May 2014 consolidated load factor increased 0.9 points compared to May 2013.
Preliminary Operational Results
May | Year-to-Date | |||||||
2014 | 2013 | Change | 2014 | 2013 | Change | |||
REVENUE PASSENGER MILES (000) | ||||||||
Domestic | 7,921,226 | 7,892,640 | 0.4% | 35,983,795 | 35,982,030 | 0.0% | ||
International | 7,972,663 | 7,735,185 | 3.1% | 34,692,028 | 34,549,837 | 0.4% | ||
Atlantic | 3,640,377 | 3,578,097 | 1.7% | 14,025,699 | 14,087,918 | (0.4%) | ||
Pacific | 2,859,510 | 2,805,658 | 1.9% | 13,013,196 | 13,052,065 | (0.3%) | ||
Latin | 1,472,776 | 1,351,430 | 9.0% | 7,653,133 | 7,409,854 | 3.3% | ||
Mainline | 15,893,889 | 15,627,825 | 1.7% | 70,675,823 | 70,531,867 | 0.2% | ||
Regional | 2,268,749 | 2,310,838 | (1.8%) | 10,488,844 | 10,472,087 | 0.2% | ||
Consolidated | 18,162,638 | 17,938,663 | 1.2% | 81,164,667 | 81,003,954 | 0.2% | ||
AVAILABLE SEAT MILES (000) | ||||||||
Domestic | 9,056,724 | 9,128,038 | (0.8%) | 41,861,367 | 42,388,485 | (1.2%) | ||
International | 9,574,037 | 9,350,977 | 2.4% | 43,924,901 | 43,455,603 | 1.1% | ||
Atlantic | 4,356,555 | 4,323,411 | 0.8% | 18,453,535 | 18,322,320 | 0.7% | ||
Pacific | 3,432,078 | 3,351,803 | 2.4% | 16,184,578 | 15,882,578 | 1.9% | ||
Latin | 1,785,404 | 1,675,763 | 6.5% | 9,286,788 | 9,250,705 | 0.4% | ||
Mainline | 18,630,761 | 18,479,015 | 0.8% | 85,786,268 | 85,844,088 | (0.1%) | ||
Regional | 2,665,220 | 2,769,490 | (3.8%) | 12,683,314 | 12,988,304 | (2.3%) | ||
Consolidated | 21,295,981 | 21,248,505 | 0.2% | 98,469,582 | 98,832,392 | (0.4%) | ||
PASSENGER LOAD FACTOR | ||||||||
Domestic | 87.5% | 86.5% | 1.0 pt | 86.0% | 84.9% | 1.1 pts | ||
International | 83.3% | 82.7% | 0.6 pts | 79.0% | 79.5% | (0.5) pts | ||
Atlantic | 83.6% | 82.8% | 0.8 pts | 76.0% | 76.9% | (0.9) pts | ||
Pacific | 83.3% | 83.7% | (0.4) pts | 80.4% | 82.2% | (1.8) pts | ||
Latin | 82.5% | 80.6% | 1.9 pts | 82.4% | 80.1% | 2.3 pts | ||
Mainline | 85.3% | 84.6% | 0.7 pts | 82.4% | 82.2% | 0.2 pts | ||
Regional | 85.1% | 83.4% | 1.7 pts | 82.7% | 80.6% | 2.1 pts | ||
Consolidated | 85.3% | 84.4% | 0.9 pts | 82.4% | 82.0% | 0.4 pts | ||
ONBOARD PASSENGERS (000) | ||||||||
Mainline | 8,032 | 7,876 | 2.0% | 36,728 | 36,759 | (0.1%) | ||
Regional | 4,003 | 4,183 | (4.3%) | 18,525 | 18,948 | (2.2%) | ||
Consolidated | 12,035 | 12,059 | (0.2%) | 55,253 | 55,707 | (0.8%) | ||
CARGO REVENUE TON MILES (000) | ||||||||
Total | 206,384 | 195,882 | 5.4% | 985,945 | 930,041 | 6.0% |
Preliminary Financial Results | ||||
Second Quarter 2014 estimated consolidated average price per gallon of fuel, including the impact of all cash-settled hedges and fuel taxes | 3.05 – 3.10 | Dollars | ||
Preliminary Operational Results | ||||
2014 | 2013 | Change | ||
May On-Time Performance1 | 76.4% | 79.7% | (3.3) | pts |
May Completion Factor2 | 98.8% | 99.4% | (0.6) | 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 |
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Lockheed Martin (LMT) Tops Q1 EPS by 53c, Beats on Revenue; Offers FY24 Guidance
- Kiniksa Pharmaceuticals, Ltd. (KNSA) Misses Q1 EPS by 11c; raises guidance
- Option Care Health (OPCH) Tops Q1 EPS by 3c, provides guidance
Create E-mail Alert Related Categories
Corporate News, GuidanceRelated Entities
EarningsSign 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!