CHICAGO, IL – United Airlines (UAL) today reported May 2016 operational results.
UAL’s May 2016 consolidated traffic (revenue passenger miles) decreased 1.2 percent and consolidated capacity (available seat miles) increased 0.5 percent versus May 2015. UAL’s May 2016 consolidated load factor decreased 1.4 points compared to May 2015.
The company continues to expect second-quarter 2016 consolidated passenger unit revenue to decline 6.5 to 8.5 percent compared to the second quarter of 2015. The year-over-year performance is primarily impacted by a strong U.S. dollar, lower surcharges, travel reductions from customers impacted by declining oil prices, competitive actions and passenger demand not growing at the same pace as industry capacity.
WHAT TO TAKE AWAY FROM THIS ARTICLE:
- The company continues to expect second-quarter 2016 consolidated passenger unit revenue to decline 6.
- UAL’s May 2016 consolidated traffic (revenue passenger miles) decreased 1.
- The year-over-year performance is primarily impacted by a strong U.
