OREANDA-NEWS. June 10, 2015. United Airlines (UAL) today reported May 2015 operational results.

UAL's May 2015 consolidated traffic (revenue passenger miles) increased 0.5 percent and consolidated capacity (available seat miles) increased 2.1 percent versus May 2014. UAL's May 2015 consolidated load factor decreased 1.4 points compared to May 2014. The company now expects second-quarter 2015 unit revenue (PRASM) to decline approximately 5 percent to 6 percent, primarily as a result of foreign exchange impact and revenue pressure related to lower oil prices. In addition, yields from close-in domestic bookings and revenue from oil-related corporate accounts have both softened compared to prior guidance. 

About United

United Airlines and United Express operate an average of nearly 5,000 flights a day to 373 airports across six continents. In 2014, United and United Express operated nearly two million flights carrying 138 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, New York/Newark, San Francisco and Washington, D.C. United operates nearly 700 mainline aircraft, and this year, the airline anticipates taking delivery of 34 new Boeing aircraft, including the 787-9 and the 737-900ER. United is also welcoming 49 new Embraer E175 aircraft to United Express. The airline is a founding member of Star Alliance, which provides service to 193 countries via 27 member airlines. More than 84,000 United employees reside in every U.S. state and in countries around the world. 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 NYSE under the symbol UAL.

Preliminary Operational Results

 May

Year-to-Date

2015

2014

Change


2015

2014

Change










 REVENUE PASSENGER MILES (000)









Domestic

8,115,518

7,921,226

2.5%

35,872,023

35,983,795

(0.3%)








International

7,956,849

7,972,663

(0.2%)

35,455,580

34,692,028

2.2%

Atlantic

3,482,707

3,640,377

(4.3%)

13,435,318

14,025,699

(4.2%)

Pacific

2,951,242

2,859,510

3.2%

13,650,534

13,013,196

4.9%

Latin

1,522,900

1,472,776

3.4%

8,369,728

7,653,133

9.4%








Mainline

16,072,367

15,893,889

1.1%

71,327,603

70,675,823

0.9%

Regional

2,172,690

2,268,749

(4.2%)

10,046,211

10,488,844

(4.2%)

Consolidated

18,245,057

18,162,638

0.5%

81,373,814

81,164,667

0.3%







AVAILABLE SEAT MILES (000)







Domestic

9,410,614

9,056,724

3.9%

42,129,063

41,861,367

0.6%








International

9,766,037

9,574,037

2.0%

45,142,603

43,924,901

2.8%

Atlantic

4,405,983

4,356,555

1.1%

18,012,241

18,453,535

(2.4%)

Pacific

3,487,188

3,432,078

1.6%

16,776,145

16,184,578

3.7%

Latin

1,872,866

1,785,404

4.9%

10,354,217

9,286,788

11.5%








Mainline

19,176,651

18,630,761

2.9%

87,271,666

85,786,268

1.7%

Regional

2,565,281

2,665,220

(3.7%)

12,243,994

12,683,314

(3.5%)

Consolidated

21,741,932

21,295,981

2.1%

99,515,660

98,469,582

1.1%







PASSENGER LOAD FACTOR







Domestic

86.2%

87.5%

(1.3) pts

85.1%

86.0%

(0.9) pts








International

81.5%

83.3%

(1.8) pts

78.5%

79.0%

(0.5) pts

Atlantic

79.0%

83.6%

(4.6) pts

74.6%

76.0%

(1.4) pts

Pacific

84.6%

83.3%

1.3 pts

81.4%

80.4%

1.0 pt

Latin

81.3%

82.5%

(1.2) pts

80.8%

82.4%

(1.6) pts








Mainline

83.8%

85.3%

(1.5) pts

81.7%

82.4%

(0.7) pts

Regional

84.7%

85.1%

(0.4) pts

82.1%

82.7%

(0.6) pts

Consolidated

83.9%

85.3%

(1.4) pts

81.8%

82.4%

(0.6) pts







ONBOARD PASSENGERS (000)







Mainline

8,320

8,032

3.6%

37,441

36,728

1.9%

Regional

3,851

4,003

(3.8%)

17,669

18,525

(4.6%)

Consolidated

12,171

12,035

1.1%

55,110

55,253

(0.3%)







CARGO REVENUE TON MILES (000)







Total

211,109

206,384

2.3%

1,085,747

985,945

10.1%

Second Quarter Preliminary Fuel Costs Per Gallon


Estimated average price per gallon of fuel, excluding hedges

\\$1.94 - \\$1.99

   Operating cash-settled hedge loss price per gallon

\\$0.12

Estimated average price per gallon of fuel, including operating cash-settled hedges1

\\$2.06 - \\$2.11

     Non-operating cash-settled hedge loss price per gallon2

\\$0.07

Estimated average price per gallon of fuel, including all cash-settled hedges3

\\$2.13 - \\$2.18


1This price per gallon corresponds to the fuel expense line of the income statement

2This price per gallon corresponds to the impact of non-operating hedges that appear in the non-operating line of the income statement

3This price per gallon corresponds to the total economic cost of the company's fuel consumption including all cash-settled hedges but does not directly correspond to the fuel expense line of the income statement



 Preliminary Operational Results







2015

2014

Change

May On-Time Performance1

76.6%

76.4%

0.2

pts

May Completion Factor2

99.1%

98.8%

0.3

pts



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

2Mainline completion percentage