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      United Reports March 2014 Operational Performance

      United Airlines logo. (PRNewsFoto/United Airlines) (PRNewsFoto/)

      News provided by

      United Airlines

      Apr 08, 2014, 05:20 ET

      Share this article

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      CHICAGO, April 8, 2014 /PRNewswire/ -- United Airlines (UAL) today reported March 2014 operational results.

      UAL's March 2014 consolidated traffic (revenue passenger miles) increased 0.7 percent and consolidated capacity (available seat miles) increased 2.7 percent versus March 2013. UAL's March 2014 consolidated load factor decreased 1.6 points compared to March 2013.

      About United

      United Airlines and United Express operate an average of more than 5,300 flights a day to more than 360 airports across six continents. In 2013, United and United Express carried more passenger traffic than any other airline in the world and operated nearly two million flights carrying 139 million customers. United is delivering a more flyer-friendly experience, offering more premium-cabin flat-bed seats and extra-legroom, economy-class seating than any airline in North America. In 2013, United became the first U.S. global carrier to offer satellite-based Wi-Fi, including on long-haul overseas routes. The airline also features DIRECTV® on more than 200 aircraft, with more live television access than any airline in the world. United operates nearly 700 mainline aircraft and, in 2014, will take delivery of 35 new Boeing aircraft and welcome 28 new E175 aircraft to United Express. Business Traveler magazine awarded United Best Airline for North American Travel for 2013, and readers of Global Traveler magazine have voted United's MileagePlus program the Best Frequent-Flyer program for 10 consecutive years. Air Transport World named United the Eco-Aviation Airline of the Year Gold Winner in 2013. United is a founding member of Star Alliance, which provides service to 195 countries via 26 member airlines. More than 85,000 United employees reside in every U.S. state and in countries around the world. For more information, visit united.com or follow United on Twitter and Facebook. The common stock of United's parent, United Continental Holdings, Inc., is traded on the NYSE under the symbol UAL.



      Preliminary Operational Results




       March


       Year-to-Date



      2014

      2013

      Change


      2014

      2013

      Change










       REVENUE PASSENGER MILES (000)









      Domestic

      7,815,691

      7,756,442

      0.8%


      20,723,110

      20,737,744

      (0.1%)











      International

      7,300,234

      7,326,514

      (0.4%)


      19,613,482

      19,809,254

      (1.0%)


      Atlantic

      2,795,521

      2,871,612

      (2.6%)


      7,370,674

      7,540,311

      (2.2%)


      Pacific

      2,687,254

      2,722,595

      (1.3%)


      7,632,378

      7,708,120

      (1.0%)


      Latin

      1,817,459

      1,732,307

      4.9%


      4,610,430

      4,560,823

      1.1%











      Mainline

      15,115,925

      15,082,956

      0.2%


      40,336,592

      40,546,998

      (0.5%)


      Regional

      2,349,957

      2,255,368

      4.2%


      6,046,262

      5,996,508

      0.8%


      Consolidated

      17,465,882

      17,338,324

      0.7%


      46,382,854

      46,543,506

      (0.3%)










      AVAILABLE SEAT MILES (000)









      Domestic

      9,001,587

      8,944,742

      0.6%


      24,371,068

      24,624,302

      (1.0%)











      International

      9,301,726

      8,850,163

      5.1%


      25,426,013

      25,195,163

      0.9%


      Atlantic

      3,753,118

      3,500,639

      7.2%


      10,390,683

      10,233,974

      1.5%


      Pacific

      3,326,269

      3,248,028

      2.4%


      9,413,824

      9,287,897

      1.4%


      Latin

      2,222,339

      2,101,496

      5.8%


      5,621,506

      5,673,292

      (0.9%)











      Mainline

      18,303,313

      17,794,905

      2.9%


      49,797,081

      49,819,465

      0.0%


      Regional

      2,797,363

      2,747,029

      1.8%


      7,419,130

      7,552,301

      (1.8%)


      Consolidated

      21,100,676

      20,541,934

      2.7%


      57,216,211

      57,371,766

      (0.3%)










      PASSENGER LOAD FACTOR









      Domestic

      86.8%

      86.7%

      0.1 pts


      85.0%

      84.2%

      0.8 pts











      International

      78.5%

      82.8%

      (4.3) pts


      77.1%

      78.6%

      (1.5) pts


      Atlantic

      74.5%

      82.0%

      (7.5) pts


      70.9%

      73.7%

      (2.8) pts


      Pacific

      80.8%

      83.8%

      (3.0) pts


      81.1%

      83.0%

      (1.9) pts


      Latin

      81.8%

      82.4%

      (0.6) pts


      82.0%

      80.4%

      1.6 pts











      Mainline

      82.6%

      84.8%

      (2.2) pts


      81.0%

      81.4%

      (0.4) pts


      Regional

      84.0%

      82.1%

      1.9 pts


      81.5%

      79.4%

      2.1 pts


      Consolidated

      82.8%

      84.4%

      (1.6) pts


      81.1%

      81.1%

      0.0 pts










      ONBOARD PASSENGERS (000)









      Mainline

      8,012

      8,008

      0.0%


      21,229

      21,479

      (1.2%)


      Regional

      4,147

      4,062

      2.1%


      10,671

      10,876

      (1.9%)


      Consolidated

      12,159

      12,070

      0.7%


      31,900

      32,355

      (1.4%)










      CARGO REVENUE TON MILES (000)









      Total

      221,927

      205,819

      7.8%


      585,175

      546,210

      7.1%




      Preliminary Financial Results


      First Quarter 2014 estimated consolidated average price per gallon of fuel, including the impact of all cash settled hedges and fuel taxes

      3.16 – 3.21

      Dollars


       Preliminary Operational Results




      2014

      2013

      Change

      March On-Time Performance1


      79.4%

      80.7%

      (1.3) pts

      March Completion Factor2


      98.9%

      98.7%

      0.2 pts






      1 Based on domestic mainline scheduled flights arriving within 14 minutes of scheduled arrival time, according to data published in the DOT Air Travel Consumer Report

      2 Mainline completion percentage













      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 financial 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" 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 report are based upon information available to us on the date of this report. 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, 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; our ability to utilize our net operating losses; our ability to attract and retain customers; 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 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; any potential realized or unrealized gains or losses related to fuel or currency hedging programs; 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 costs and availability of aviation and other insurance; industry consolidation or changes in airline alliances; 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); labor costs; our ability to maintain satisfactory labor relations and the results of the collective bargaining agreement process with our union groups; any disruptions to operations due to any potential actions by our labor groups; weather conditions; the possibility that expected merger synergies will not be realized or will not be realized within the expected time period; and other risks and uncertainties set forth under Item 1A, Risk Factors, of UAL's Annual Report on Form 10-K, as well as other risks and uncertainties set forth from time to time in the reports we file with the SEC.

      Logo - http://photos.prnewswire.com/prnh/20130404/MM89155LOGO

      SOURCE United Airlines

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