United Airlines (UAL) Load Factor Rose 0.5 Points in July 2016
- Japan's Nikkei posts biggest point gain for fiscal year
- Citi downgrades tech stocks as its flagship indicator signals 'euphoria' levels
- UBS sees 5 warnings signals on semiconductor chip stocks
- 2 reasons why Tesla stock fell on Thursday
- US consumer sentiment tops estimates in March to hit nearly 3-yr high, UMich says
- AMC Entertainment (AMC) enters into an equity distribution agreement
- Kerrisdale Capital is short Microstrategy (MSTR), long bitcoin
- AMC Entertainment (AMC) Enters $250M ATM Agreement
- Intuitive Machines (LUNR) Files for $300M Share Offering, 160M Share Offering by Selling Stockholders
- Home Depot (HD) to Acquire SRS Distribution for $18.25B EV
United Reports July 2016 Operational Performance
August 8, 2016 4:45 PM EDTCHICAGO, Aug. 8, 2016 /PRNewswire/ --Â United Airlines (UAL) today reported July 2016 operational results.
UAL's July 2016 consolidated traffic (revenue passenger miles) increased 1.2 percent and consolidated capacity (available seat miles) increased 0.7 percent versus July 2015. UAL's July 2016 consolidated load factor increased 0.5 points compared to July 2015.
The company continues to expect third-quarter 2016 consolidated passenger unit revenue to decline 5.5 to 7.5 percent compared to the third quarter of 2015. The year-over-year performance is primarily impacted by demand growth not keeping pace with capacity growth, declining close-in yields, lower surcharges, competitive actions and travel reductions in the energy sector.
About... More