CHICAGO, Aug. 8, 2017 /PRNewswire/ -- United Airlines
(UAL) today reported July 2017
operational results.
UAL's July 2017 consolidated
traffic (revenue passenger miles) increased 3.9 percent and
consolidated capacity (available seat miles) increased 4.6 percent
versus July 2016. UAL's July 2017 consolidated load factor decreased 0.6
points compared to July 2016.
Scott Kirby, president of United
Airlines, said, "Running a great airline starts with taking off on
time, and last month, we saw the best-ever on-time departures for
the month of July in our history, all while carrying more
passengers than ever before. We saw improved metrics on almost
every front, including the best July on-time delivery from our tech
ops team in six years and a 12 percent improvement in our baggage
performance."
The company continues to expect third-quarter 2017 consolidated
passenger unit revenue to be down 1.0 percent to up 1.0 percent
compared to the third quarter of 2016.
About United
United Airlines and United Express operate approximately 4,500
flights a day to 338 airports across five continents. In 2016,
United and United Express operated more than 1.6 million flights
carrying more than 143 million customers. United is proud to have
the world's most comprehensive route network, including U.S.
mainland hubs in Chicago,
Denver, Houston, Los
Angeles, Newark/New York,
San Francisco and Washington, D.C. United operates 748 mainline
aircraft and the airline's United Express carriers operate 475
regional aircraft. The airline is a founding member of Star Alliance, which provides service to more
than 190 countries via 28 member airlines. 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
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July
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Year-to-Date
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2017
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2016
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Change
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2017
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2016
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Change
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REVENUE
PASSENGER MILES (000)
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Domestic
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11,997,825
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11,197,898
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7.1%
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71,335,547
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67,782,262
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5.2%
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Mainline
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10,090,634
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9,100,554
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10.9%
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58,637,052
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54,235,177
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8.1%
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Regional
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1,907,191
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2,097,344
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(9.1%)
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12,698,495
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13,547,085
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(6.3%)
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International
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9,515,935
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9,511,826
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0.0%
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54,145,312
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53,526,139
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1.2%
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Atlantic
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4,038,394
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4,070,506
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(0.8%)
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20,348,359
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20,469,285
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(0.6%)
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Pacific
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3,135,175
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3,197,578
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(2.0%)
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19,898,718
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19,574,484
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1.7%
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Latin
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2,342,366
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2,243,742
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4.4%
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13,898,235
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13,482,370
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3.1%
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Mainline
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2,258,147
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2,153,652
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4.9%
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13,374,813
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12,940,885
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3.4%
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Regional
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84,219
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90,090
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(6.5%)
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523,422
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541,485
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(3.3%)
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Consolidated
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21,513,760
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20,709,724
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3.9%
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125,480,859
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121,308,401
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3.4%
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AVAILABLE SEAT
MILES (000)
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Domestic
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13,651,010
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12,681,837
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7.6%
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83,314,230
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79,397,203
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4.9%
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Mainline
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11,355,336
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10,263,338
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10.6%
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67,902,738
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63,251,200
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7.4%
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Regional
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2,295,674
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2,418,499
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(5.1%)
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15,411,492
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16,146,003
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(4.5%)
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International
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11,114,243
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10,989,449
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1.1%
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68,725,754
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67,272,344
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2.2%
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Atlantic
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4,865,154
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4,862,537
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0.1%
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27,127,637
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27,436,530
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(1.1%)
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Pacific
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3,662,096
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3,617,618
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1.2%
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24,941,947
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23,674,812
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5.4%
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Latin
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2,586,993
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2,509,294
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3.1%
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16,656,170
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16,161,002
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3.1%
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Mainline
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2,492,076
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2,402,522
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3.7%
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15,929,365
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15,400,457
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3.4%
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Regional
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94,917
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106,772
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(11.1%)
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726,805
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760,545
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(4.4%)
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Consolidated
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24,765,253
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23,671,286
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4.6%
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152,039,984
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146,669,547
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3.7%
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PASSENGER LOAD
FACTOR
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Domestic
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87.9%
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88.3%
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(0.4)
pts
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85.6%
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85.4%
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0.2
pts
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Mainline
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88.9%
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88.7%
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0.2 pts
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86.4%
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85.7%
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0.7 pts
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Regional
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83.1%
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86.7%
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(3.6) pts
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82.4%
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83.9%
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(1.5) pts
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International
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85.6%
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86.6%
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(1.0)
pt
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78.8%
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79.6%
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(0.8)
pts
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Atlantic
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83.0%
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83.7%
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(0.7) pts
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75.0%
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74.6%
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0.4 pts
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Pacific
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85.6%
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88.4%
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(2.8) pts
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79.8%
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82.7%
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(2.9) pts
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Latin
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90.5%
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89.4%
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1.1 pts
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83.4%
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83.4%
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0.0 pts
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Mainline
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90.6%
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89.6%
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1.0 pt
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84.0%
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84.0%
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0.0 pts
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Regional
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88.7%
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84.4%
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4.3 pts
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72.0%
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71.2%
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0.8 pts
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Consolidated
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86.9%
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87.5%
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(0.6)
pts
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82.5%
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82.7%
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(0.2)
pts
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ONBOARD PASSENGERS
(000)
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Mainline
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10,650
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9,674
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10.1%
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62,559
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57,590
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8.6%
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Regional
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3,542
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3,818
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(7.2%)
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22,985
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24,405
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(5.8%)
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Consolidated
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14,192
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13,492
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5.2%
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85,544
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81,995
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4.3%
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CARGO REVENUE TON
MILES (000)
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Total
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278,743
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238,125
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17.1%
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1,854,475
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1,539,336
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20.5%
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OPERATIONAL
PERFORMANCE
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Mainline Departure
Performance1
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63.3%
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57.1%
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6.2
pts
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Mainline
Completion Factor
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99.3%
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98.9%
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0.4
pts
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1Based on
mainline scheduled flights departing by or before scheduled
departure time
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Note: See Part
II, Item 6 Selected Financial Data of the company's Annual Report
on Form 10-K for the year ended December 31, 2016 for the
definition of these statistics
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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
anticipated financial and operating 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," "goals" 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 release are based
upon information available to us on the date of this release. 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
and revenue-generating initiatives, 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; costs associated with
any modification or termination of our aircraft orders; our ability
to utilize our net operating losses; our ability to attract and
retain customers; potential reputational or other impact from
adverse events in our operations; 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 and political 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, if we decide to do so; any potential realized or unrealized
gains or losses related to fuel or currency hedging programs;
economic and political instability and other risks of doing
business globally; 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 effects of
any technology failures or cybersecurity breaches; disruptions to
our regional network; the costs and availability of aviation and
other insurance; industry consolidation or changes in airline
alliances; the success of our investments in airlines in other
parts of the world; 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); the impact of regulatory, investigative
and legal proceedings and legal compliance risks; the impact of any
management changes; labor costs; our ability to maintain
satisfactory labor relations and the results of any collective
bargaining agreement process with our union groups; any disruptions
to operations due to any potential actions by our labor groups;
weather conditions; and other risks and uncertainties set forth
under Part I, Item 1A., "Risk Factors," of our Annual Report on
Form 10-K for the fiscal year ended December
31, 2016, as well as other risks and uncertainties set forth
from time to time in the reports we file with the U.S. Securities
and Exchange Commission.
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SOURCE United Airlines