United Continental Holdings Inc (NYSE:UAL) Registers December 2013 Operational Performance


Dallas, Texas 01/13/2014 (FINANCIALSTRENDS) – United Continental Holdings Inc (NYSE:UAL)’s December 2013 consolidated traffic (revenue passenger miles) augmented 4.1% and consolidated capacitance (available seat miles) rose 0.5% as compared to the same period of last year. The company’s December 2013 consolidated load factor bettered by 3.0 points as against the corresponding period of December 2012.

The firm’s December 2013 consolidated PRASM boosted 11.5 to 12.5% as against December 2012. The firm’s December passenger revenue per available seat mile development was better than originally anticipated because of sturdy yields and traffic all through the month.

Also during the month of December, the firm called off over 1,200 flights owing to winter hurricanes, which cut down December consolidated capacitance and augmented consolidated PRASM development. In addition, during December UAL registered higher-than-anticipated optimistic adjustments in the month-end close procedure connected to certain interline tickets. Overall, the impact of the hurricanes and the encouraging alterations during the month-end close procedure augmented December PRASM by about 2.5 percentage points.

The firm will carry on providing quarterly PRASM leadership in its shareholder update documents and commencement with next month’s January 2014 traffic release, the firm will no longer present monthly PRASM direction.

United Continental Holdings Inc (NYSE:UAL): United Airlines makes big investments for clientele at San Francisco international airport

United Airlines and its associates at San Francisco International Airport are getting ready to launch the newly modernized Boarding Area E in Terminal 3 that will offer clients ultra-modern, flyer-friendly amenities that lift up their travel experience.

Planned to re-open Jan. 28, the 68,800-square-foot boarding region will replicate the airport’s position as the country’s premier West Coast aviation center. Designed to attain Leadership in Energy and Environmental Design (LEED) gold guarantee from the U.S. Green Building Council, Boarding Area E will provide 10 gates for clients and will be capable of accommodating over 50 departures on a daily basis.