United Airlines reports operational results

CHICAGO, Illlinois – United Airlines (UAL) today reported its operational results for May 2015.

United Airlines reports operational results

CHICAGO, Illlinois – United Airlines (UAL) today reported its operational results for May 2015.

UAL’s May 2015 consolidated traffic (revenue passenger miles) increased 0.5 percent and consolidated capacity (available seat miles) increased 2.1 percent versus May 2014. UAL’s May 2015 consolidated load factor decreased 1.4 points compared to May 2014. The company now expects second-quarter 2015 unit revenue (PRASM) to decline approximately 5 percent to 6 percent, primarily as a result of foreign exchange impact and revenue pressure related to lower oil prices. In addition, yields from close-in domestic bookings and revenue from oil-related corporate accounts have both softened compared to prior guidance.



Preliminary Operational Results



May



Year-to-Date



2015



2014



Change



 2015



2014



Change


 


 


 



REVENUE PASSENGER MILES (000)


 


 


 



Domestic



8,115,518



7,921,226



2.5%


 



35,872,023



35,983,795



(0.3%)


 


 

 


 


 


 

 



International



7,956,849



7,972,663



(0.2%)


 



35,455,580



34,692,028



2.2%


Atlantic


3,482,707


3,640,377


(4.3%)


 


13,435,318


14,025,699


(4.2%)


Pacific


2,951,242


2,859,510


3.2%


 


13,650,534


13,013,196


4.9%


Latin


1,522,900


1,472,776


3.4%


 


8,369,728


7,653,133


9.4%


 


 

 


 


 


 

 



Mainline



16,072,367



15,893,889



1.1%


 



71,327,603



70,675,823



0.9%



Regional



2,172,690



2,268,749



(4.2%)


 



10,046,211



10,488,844



(4.2%)



Consolidated



18,245,057



18,162,638



0.5%


 



81,373,814



81,164,667



0.3%


 


 

 


 


 


 

 



AVAILABLE SEAT MILES (000)


 


 


 

 


 


 


 



Domestic



9,410,614



9,056,724



3.9%


 



42,129,063



41,861,367



0.6%


 


 

 


 


 


 

 



International



9,766,037



9,574,037



2.0%


 



45,142,603



43,924,901



2.8%


Atlantic


4,405,983


4,356,555


1.1%


 


18,012,241


18,453,535


(2.4%)


Pacific


3,487,188


3,432,078


1.6%


 


16,776,145


16,184,578


3.7%


Latin


1,872,866


1,785,404


4.9%


 


10,354,217


9,286,788


11.5%


 


 

 


 


 


 

 



Mainline



19,176,651



18,630,761



2.9%


 



87,271,666



85,786,268



1.7%



Regional



2,565,281



2,665,220



(3.7%)


 



12,243,994



12,683,314



(3.5%)



Consolidated



21,741,932



21,295,981



2.1%


 



99,515,660



98,469,582



1.1%


 


 

 


 


 


 

 



PASSENGER LOAD FACTOR


 


 


 

 


 


 


 



Domestic



86.2%



87.5%



(1.3) pts


 

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85.1%



86.0%



(0.9) pts


 


 


 

 


 


 


 



International



81.5%



83.3%



(1.8) pts

 



78.5%



79.0%



(0.5) pts


Atlantic


79.0%


83.6%


(4.6) pts

 


74.6%


76.0%


(1.4) pts


Pacific


84.6%


83.3%


1.3 pts

 


81.4%


80.4%


1.0 pt


Latin


81.3%


82.5%


(1.2) pts

 


80.8%


82.4%


(1.6) pts


 


 


 

 


 


 


 



Mainline



83.8%



85.3%



(1.5) pts

 



81.7%



82.4%



(0.7) pts



Regional



84.7%



85.1%



(0.4) pts


 



82.1%



82.7%



(0.6) pts



Consolidated



83.9%



85.3%



(1.4) pts

 



81.8%



82.4%



(0.6) pts


 


 

 


 


 


 

 



ONBOARD PASSENGERS (000)


 


 


 

 


 


 


 



Mainline



8,320



8,032



3.6%


 



37,441



36,728



1.9%



Regional



3,851



4,003



(3.8%)


 



17,669



18,525



(4.6%)



Consolidated



12,171



12,035



1.1%


 



55,110



55,253



(0.3%)


 


 

 


 


 


 

 



CARGO REVENUE TON MILES (000)



 


 


 

 


 


 


 



Total



211,109



206,384



2.3%

 



1,085,747



985,945



10.1%


 






Second Quarter


Preliminary Fuel Costs Per Gallon

 

Estimated average price per gallon of fuel, excluding hedges


$1.94 – $1.99

 

   Operating cash-settled hedge loss price per gallon


$0.12

 

Estimated average price per gallon of fuel, including operating
cash-settled hedges1


$2.06 – $2.11

 

     Non-operating cash-settled hedge loss
price per gallon2


$0.07

 

Estimated average price per gallon of fuel, including all
cash-settled hedges3


$2.13 – $2.18


 

 

 

 



1
This
price per gallon corresponds to the fuel expense line of the income
statement



2
This
price per gallon corresponds to the impact of non-operating hedges that
appear in the non-operating line of the income statement


3
This price per gallon corresponds to the total economic cost of
the company’s fuel consumption including all cash-settled hedges but
does not directly correspond to the fuel expense line of the income
statement


 


 


 


 

              


 


 



 



 



Preliminary Operational Results


 


 


 


 


 


 


 



 



 



2015



2014



Change

May On-Time Performance1


76.6%


76.4%


0.2


pts


May Completion Factor2


99.1%


98.8%


0.3


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

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