05:22:35 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



United Reports November 2014 Operational Performance

2014-12-08 16:35 ET - News Release

CHICAGO, Dec. 8, 2014 /PRNewswire/ -- United Airlines (UAL) today reported November 2014 operational results.

UAL's November 2014 consolidated traffic (revenue passenger miles) decreased 0.3 percent and consolidated capacity (available seat miles) decreased 0.4 percent versus November 2013. UAL's November 2014 consolidated load factor increased 0.1 points compared to November 2013.

About United

United Airlines and United Express operate an average of 5,100 flights a day to 374 airports across six continents. In 2013, United and United Express operated nearly two million flights carrying 139 million customers. With U.S. mainland hubs in Chicago, Denver, Houston, Los Angeles, New York/Newark, San Francisco and Washington, D.C., United operates more than 700 mainline aircraft. This year, the airline is taking delivery of 35 new Boeing aircraft, including the 787-9 as the North American launch customer, and is welcoming 32 new Embraer 175 aircraft to United Express. The airline is a founding member of Star Alliance, which provides service to 192 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, follow @United on Twitter or connect on Facebook. The common stock of United's parent, United Continental Holdings, Inc., is traded on the NYSE under the symbol UAL.

 


Preliminary Operational Results





 November


 Year-to-Date



2014

2013

Change


2014

2013

Change










 REVENUE PASSENGER MILES (000)









Domestic

6,788,228

7,046,773

(3.7%)


83,145,962

83,834,312

(0.8%)











International

6,407,748

6,183,850

3.6%


81,202,818

80,106,045

1.4%


Atlantic

2,535,270

2,570,902

(1.4%)


35,142,277

35,341,827

(0.6%)


Pacific

2,504,676

2,424,057

3.3%


29,692,743

29,526,262

0.6%


Latin

1,367,802

1,188,891

15.0%


16,367,798

15,237,956

7.4%











Mainline

13,195,976

13,230,623

(0.3%)


164,348,780

163,940,357

0.2%


Regional

2,086,351

2,105,087

(0.9%)


24,321,327

24,349,766

(0.1%)


Consolidated

15,282,327

15,335,710

(0.3%)


188,670,107

188,290,123

0.2%










AVAILABLE SEAT MILES (000)









Domestic

8,251,514

8,579,654

(3.8%)


96,677,130

98,031,436

(1.4%)











International

8,312,376

8,047,814

3.3%


99,877,311

97,851,121

2.1%


Atlantic

3,346,450

3,473,788

(3.7%)


43,639,661

43,465,547

0.4%


Pacific

3,257,215

3,119,351

4.4%


36,518,282

35,625,890

2.5%


Latin

1,708,711

1,454,675

17.5%


19,719,368

18,759,684

5.1%











Mainline

16,563,890

16,627,468

(0.4%)


196,554,441

195,882,557

0.3%


Regional

2,572,638

2,592,835

(0.8%)


29,249,535

29,705,037

(1.5%)


Consolidated

19,136,528

19,220,303

(0.4%)


225,803,976

225,587,594

0.1%










PASSENGER LOAD FACTOR









Domestic

82.3%

82.1%

0.2 pts


86.0%

85.5%

0.5 pts











International

77.1%

76.8%

0.3 pts


81.3%

81.9%

(0.6) pts


Atlantic

75.8%

74.0%

1.8 pts


80.5%

81.3%

(0.8) pts


Pacific

76.9%

77.7%

(0.8) pts


81.3%

82.9%

(1.6) pts


Latin

80.0%

81.7%

(1.7) pts


83.0%

81.2%

1.8 pts











Mainline

79.7%

79.6%

0.1 pts


83.6%

83.7%

(0.1) pts


Regional

81.1%

81.2%

(0.1) pts


83.2%

82.0%

1.2 pts


Consolidated

79.9%

79.8%

0.1 pts


83.6%

83.5%

0.1 pts










ONBOARD PASSENGERS (000)









Mainline

6,977

6,997

(0.3%)


83,959

83,692

0.3%


Regional

3,639

3,803

(4.3%)


42,744

43,912

(2.7%)


Consolidated

10,616

10,800

(1.7%)


126,703

127,604

(0.7%)










CARGO REVENUE TON MILES (000)

222,197

205,417

8.2%


2,262,392

2,016,254

12.2%


Total








 



Preliminary Fuel Costs Per Gallon


Fourth Quarter 2014 estimated consolidated average price per gallon of fuel, including the impact of all cash-settled hedges and fuel taxes

2.71 – 2.76

Dollars










 Preliminary Operational Results











2014

2013

Change

November On-Time Performance1

80.6%

85.0%

(4.4)

pts

November Completion Factor2

99.3%

99.4%

(0.1)

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 that 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 report are based upon information available to us on the date of this report. 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, including optimizing our revenue; 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 aircraft fuel and energy refining capacity in relevant markets); our ability to cost-effectively hedge against increases in the price of aircraft 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; 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 UAL's 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.

United Airlines logo.

Logo - http://photos.prnewswire.com/prnh/20130404/MM89155LOGO

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/united-reports-november-2014-operational-performance-300006435.html

SOURCE United Airlines

© 2024 Canjex Publishing Ltd. All rights reserved.