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United Reports October 2018 Operational Performance


CHICAGO, Nov. 8, 2018 /PRNewswire/ -- United Airlines (UAL) today reported October 2018 operational results.

UAL's October 2018 consolidated traffic (revenue passenger miles) increased 7.5 percent and consolidated capacity (available seat miles) increased 5.9 percent versus October 2017. UAL's October 2018 consolidated load factor increased 1.2 points compared to October 2017.

October Highlights

About United

United Airlines and United Express operate approximately 4,700 flights a day to 356 airports across five continents. In 2017, United and United Express operated more than 1.6 million flights carrying more than 148 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 760 mainline aircraft and the airline's United Express carriers operate 546 regional aircraft. The airline is a founding member of Star Alliance, which provides service to 193 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 Nasdaq under the symbol "UAL".

Preliminary Operational Results




October


Year-to-Date



2018


2017


Change


2018


2017


Change

 REVENUE PASSENGER MILES (000)












Domestic

11,582,143



10,910,718



6.2

%


111,054,221



103,503,946



7.3

%


Mainline

9,470,705



8,942,878



5.9

%


90,825,526



85,319,567



6.5

%


Regional

2,111,438



1,967,840



7.3

%


20,228,695



18,184,379



11.2

%


International

7,830,372



7,142,052



9.6

%


81,544,972



77,660,796



5.0

%


Atlantic

3,715,350



3,166,876



17.3

%


34,786,325



31,116,479



11.8

%


Pacific

2,726,993



2,673,964



2.0

%


28,493,958



28,358,795



0.5

%


Latin

1,388,029



1,301,212



6.7

%


18,264,689



18,185,522



0.4

%


Mainline

1,323,374



1,237,000



7.0

%


17,512,859



17,477,588



0.2

%


Regional

64,655



64,212



0.7

%


751,830



707,934



6.2

%


Consolidated

19,412,515



18,052,770



7.5

%


192,599,193



181,164,742



6.3

%














AVAILABLE SEAT MILES (000)













Domestic

13,629,210



12,786,643



6.6

%


129,688,578



121,436,391



6.8

%


Mainline

11,096,224



10,447,471



6.2

%


105,388,302



99,329,430



6.1

%


Regional

2,532,986



2,339,172



8.3

%


24,300,276



22,106,961



9.9

%


International

9,945,812



9,474,947



5.0

%


100,245,981



98,183,430



2.1

%


Atlantic

4,528,363



4,231,225



7.0

%


42,493,127



40,641,436



4.6

%


Pacific

3,662,169



3,575,772



2.4

%


35,895,886



35,668,379



0.6

%


Latin

1,755,280



1,667,950



5.2

%


21,856,968



21,873,615



(0.1)

%


Mainline

1,666,760



1,579,771



5.5

%


20,854,107



20,905,035



(0.2)

%


Regional

88,520



88,179



0.4

%


1,002,861



968,580



3.5

%


Consolidated

23,575,022



22,261,590



5.9

%


229,934,559



219,619,821



4.7

%














PASSENGER LOAD FACTOR













Domestic

85.0

%


85.3

%


(0.3) pts


85.6

%


85.2

%


0.4 pts


Mainline

85.4

%


85.6

%


(0.2) pts


86.2

%


85.9

%


0.3 pts


Regional

83.4

%


84.1

%


(0.7) pts


83.2

%


82.3

%


0.9 pts


International

78.7

%


75.4

%


3.3 pts


81.3

%


79.1

%


2.2 pts


Atlantic

82.0

%


74.8

%


7.2 pts


81.9

%


76.6

%


5.3 pts


Pacific

74.5

%


74.8

%


(0.3) pts


79.4

%


79.5

%


(0.1) pts


Latin

79.1

%


78.0

%


1.1 pts


83.6

%


83.1

%


0.5 pts


Mainline

79.4

%


78.3

%


1.1 pts


84.0

%


83.6

%


0.4 pts


Regional

73.0

%


72.8

%


0.2 pts


75.0

%


73.1

%


1.9 pts


Consolidated

82.3

%


81.1

%


1.2 pts


83.8

%


82.5

%


1.3 pts














ONBOARD PASSENGERS (000)













Mainline

9,781



9,132



7.1

%


95,129



90,223



5.4

%


Regional

3,918



3,634



7.8

%


37,009



33,197



11.5

%


Consolidated

13,699



12,766



7.3

%


132,138



123,420



7.1

%














CARGO REVENUE TON MILES (000)












Total

305,900



308,566



(0.9)

%


2,828,745



2,714,377



4.2

%














OPERATIONAL PERFORMANCE













Mainline Departure Performance1

71.8

%


74.0

%


(2.2) pts








Mainline Completion Factor

99.8

%


99.7

%


0.1 pts





















1Based on mainline scheduled flights departing by or before scheduled departure time

Note: See Part II, Item 6, Selected Financial Data, of the company's Annual Report on Form 10-K for the fiscal year ended December 31, 2017 for the definitions of these statistics

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," "estimates," "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: 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); economic and political instability and other risks of doing business globally, including political developments that may impact our operations in certain countries; demand for travel and the impact that global economic and political conditions have on customer travel patterns; competitive pressures on pricing and on demand; demand for transportation in the markets in which we operate; our capacity decisions and the capacity decisions of our competitors; the effects of any hostilities, act of war or terrorist attack; the effects of any technology failures or cybersecurity breaches; the impact of regulatory, investigative and legal proceedings and legal compliance risks; disruptions to our regional network; 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; costs associated with any modification or termination of our aircraft orders; potential reputational or other impact from adverse events in our operations, the operations of our regional carriers or the operations of our code share partners; our ability to attract and retain customers; 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; the impact of any management changes; 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 any fuel or currency hedging programs; 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; an outbreak of a disease that affects travel demand or travel behavior; U.S. or foreign governmental legislation, regulation and other actions (including Open Skies agreements and environmental regulations); industry consolidation or changes in airline alliances; our ability to comply with the terms of our various financing arrangements; the costs and availability of financing; our ability to maintain adequate liquidity; the costs and availability of aviation and other insurance; weather conditions; our ability to utilize our net operating losses to offset future taxable income; the impact of changes in tax laws; the success of our investments in airlines in other parts of the world; 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, 2017, 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.

United Airlines logo. (PRNewsFoto/United Airlines)

 

SOURCE United Airlines


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