9 January 2014
United Continental Holdings, Inc.´s (NYSE: UAL) company United Airlines reported its December 2013 consolidated traffic (revenue passenger miles) increased 4.1 percent and consolidated capacity (available seat miles) increased 0.5 percent versus December 2012. Its December 2013 consolidated load factor increased 3.0 points compared to December 2012.
UAL´s December 2013 consolidated passenger revenue per available seat mile (PRASM) increased an estimated 11.5 to 12.5 percent compared to December 2012. The company´s December PRASM growth was greater than originally expected due to strong yields and traffic throughout the month. Also during December, the company canceled more than 1,200 flights due to winter storms, which reduced December consolidated capacity and increased consolidated PRASM growth. Further, in December UAL recorded higher-than-expected positive adjustments during the month-end close process related to certain interline tickets. In total, the impact of the winter storms and the positive adjustments during the month-end close process increased December PRASM by approximately 2.5 percentage points.
United Airlines and United Express operate an average of more than 5,300 flights a day to more than 360 airports across six continents. For more information, visit united.com or follow United on Twitter and Facebook.