United Reports October 2012 Operational Performance
United Continental Holdings, Inc. today reported October 2012 combined operational results for its airline units.
UAL’s consolidated traffic (revenue passenger miles) in October 2012 decreased 3.3 percent and consolidated capacity (available seat miles) decreased 4.4 percent versus October 2011. UAL’s consolidated load factor in October 2012 increased 0.9 points compared to October 2011.
UAL’s October 2012 consolidated passenger revenue per available seat mile (PRASM) increased an estimated 0.5 to 1.5 percent compared to October 2011.
Superstorm Sandy impacted operations in October, reducing the company’s revenue by approximately $90 million and the company’s profit by approximately $35 million in the month. As a result of the storm, the company cancelled nearly 5,300 flights in October, which reduced consolidated capacity and improved consolidated PRASM growth by approximately 1 point year-over-year, which is included in the above estimate.