United Reports October 2016 Operational Performance

OREANDA-NEWS. November 09, 2016. UAL's October 2016 consolidated traffic (revenue passenger miles) increased 0.6 percent and consolidated capacity (available seat miles) increased 1.8 percent versus October 2015. UAL's October 2016 consolidated load factor decreased 1.0 point compared to October 2015.

The company continues to expect fourth-quarter 2016 consolidated passenger unit revenue to decline 4.0 to 6.0 percent compared to the fourth quarter of 2015. The year-over-year performance is driven primarily by yield weakness and the timing of certain holidays.

About United

United Airlines and United Express operate more than 4,500 flights a day to 339 airports across five continents. In 2015, United and United Express operated more than 1.5 million flights carrying more than 140 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 more than 720 mainline aircraft, and this year, the airline anticipates taking delivery of 21 new Boeing aircraft, including 737NGs, 787s and 777s, as well as six used Airbus A319 aircraft. The airline is a founding member of Star Alliance, which provides service to 192 countries via 28 member airlines. 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
		October				Year-to-Date
		2016	2015	Change		2016	2015	Change
REVENUE PASSENGER MILES (000)
	Domestic	8,450,289	8,258,786	2.3%		79,737,249	78,162,422	2.0%
	International	7,256,058	7,205,523	0.7%		76,542,297	76,473,877	0.1%
	Atlantic	3,126,986	3,289,326	(4.9%)		31,043,937	32,390,565	(4.2%)
	Pacific	2,856,346	2,712,891	5.3%		28,421,722	28,071,183	1.2%
	Latin	1,272,726	1,203,306	5.8%		17,076,638	16,012,129	6.6%
	Mainline	15,706,347	15,464,309	1.6%		156,279,546	154,636,299	1.1%
	Regional	2,046,586	2,181,245	(6.2%)		20,244,332	20,902,235	(3.1%)
	Consolidated	17,752,933	17,645,554	0.6%		176,523,878	175,538,534	0.6%
AVAILABLE SEAT MILES (000)
	Domestic	9,833,717	9,462,051	3.9%		92,959,098	90,433,037	2.8%
	International	9,262,525	9,093,098	1.9%		95,388,975	94,296,790	1.2%
	Atlantic	4,146,215	4,101,355	1.1%		40,779,188	40,557,478	0.5%
	Pacific	3,617,445	3,489,221	3.7%		34,362,410	34,256,238	0.3%
	Latin	1,498,865	1,502,522	(0.2%)		20,247,377	19,483,074	3.9%
	Mainline	19,096,242	18,555,149	2.9%		188,348,073	184,729,827	2.0%
	Regional	2,439,923	2,598,182	(6.1%)		24,260,063	25,122,788	(3.4%)
	Consolidated	21,536,165	21,153,331	1.8%		212,608,136	209,852,615	1.3%
PASSENGER LOAD FACTOR
	Domestic	85.9%	87.3%	(1.4) pts		85.8%	86.4%	(0.6) pts
	International	78.3%	79.2%	(0.9) pts		80.2%	81.1%	(0.9) pts
	Atlantic	75.4%	80.2%	(4.8) pts		76.1%	79.9%	(3.8) pts
	Pacific	79.0%	77.8%	1.2 pts		82.7%	81.9%	0.8 pts
	Latin	84.9%	80.1%	4.8 pts		84.3%	82.2%	2.1 pts
	Mainline	82.2%	83.3%	(1.1) pts		83.0%	83.7%	(0.7) pts
	Regional	83.9%	84.0%	(0.1) pts		83.4%	83.2%	0.2 pts
	Consolidated	82.4%	83.4%	(1.0) pt		83.0%	83.6%	(0.6) pts
ONBOARD PASSENGERS (000)
	Mainline	8,829	8,354	5.7%		84,246	80,512	4.6%
	Regional	3,656	3,868	(5.5%)		35,393	36,927	(4.2%)
	Consolidated	12,485	12,222	2.2%		119,639	117,439	1.9%
CARGO REVENUE TON MILES (000)
	Total	274,804	232,766	18.1%		2,289,659	2,167,739	5.6%

Safe Harbor Statement

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements included in this investor update 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 investor update are based upon information available to us on the date of this investor update. 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 and revenue-generating initiatives, including optimizing our revenue; our ability to control our costs, including realizing benefits from our resource optimization efforts, revenue-generating initiatives, 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); economic and political instability and other risks of doing business globally; 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; disruptions to our regional network; 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); the impact of regulatory, investigative and legal proceedings and legal compliance risks; the impact of any management changes; 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; and other risks and uncertainties set forth under Part I, Item 1A., "Risk Factors," of UAL's Annual Report on Form 10-K for the fiscal year ended December 31, 2015, as well as other risks and uncertainties set forth from time to time in the reports we file with the U.S. Securities and Exchange Commission.