United Continental (UAL) Reports an Increase in September Traffic
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United Continental Holdings, Inc. (NYSE: UAL) reported September 2010 and year-to-date 2010 operational results for United Air Lines, Inc.
United’s consolidated traffic (Revenue Passenger Miles) in September 2010 increased 7.6 percent versus September 2009 on a consolidated capacity increase of 4.4 percent. United’s consolidated load factor increased 2.5 points compared to the same period last year.
For September 2010, consolidated passenger revenue per available seat mile (RASM) for United is estimated to have increased between 13.5 and 14.5 percent compared to September 2009, while United’s mainline RASM is estimated to have increased between 14.0 and 15.0 percent compared to the same period last year.
United ended the third quarter of 2010 with an unrestricted cash, cash equivalents and short-term investments balance of approximately $4.9 billion.
United’s consolidated traffic (Revenue Passenger Miles) in September 2010 increased 7.6 percent versus September 2009 on a consolidated capacity increase of 4.4 percent. United’s consolidated load factor increased 2.5 points compared to the same period last year.
For September 2010, consolidated passenger revenue per available seat mile (RASM) for United is estimated to have increased between 13.5 and 14.5 percent compared to September 2009, while United’s mainline RASM is estimated to have increased between 14.0 and 15.0 percent compared to the same period last year.
United ended the third quarter of 2010 with an unrestricted cash, cash equivalents and short-term investments balance of approximately $4.9 billion.
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