Welcome!

Microsoft Cloud Authors: Pat Romanski, Elizabeth White, Liz McMillan, Mihai Corbuleac, David Bermingham

News Feed Item

United Reports October 2012 Operational Performance

CHICAGO, Nov. 7, 2012 /PRNewswire/ -- United Continental Holdings, Inc. (NYSE: UAL) 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 canceled 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. 

About United

United Airlines and United Express operate an average of 5,557 flights a day to 378 airports on six continents from our hubs in Chicago, Cleveland, Denver, Guam, Houston, Los Angeles, New York/Newark, San Francisco, Tokyo and Washington, D.C. In 2011, United carried more traffic than any other airline in the world, and operated more than two million flights carrying 142 million passengers. United is upgrading its cabins with more flat-bed seats in first and business class and more extra-legroom economy-class seating than any other airline in North America. United now has 180 airplanes featuring DIRECTV®, offering customers more live television access than any other airline in the world. United operates nearly 700 mainline aircraft and has orders for more than 270 new aircraft deliveries through 2022, including 25 Airbus A350XWBs and 100 Boeing 737 MAX 9 aircraft. United took delivery of the first two of five new Dreamliners it expects to receive this year; in total, United has ordered 50 of the aircraft. United was rated the world's most admired airline on FORTUNE magazine's 2012 airline-industry list of the World's Most Admired Companies. Readers of Global Traveler magazine have voted United's MileagePlus program the best frequent flyer program for eight consecutive years. United is a founding member of Star Alliance, which provides service to 193 countries via 27 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








 October


 Year-to-Date



2012

2011

Change


2012

2011

Change










 REVENUE PASSENGER MILES (000)









Domestic

7,464,167

7,782,590

(4.1%)


78,352,032

80,078,668

(2.2%)











International

6,799,237

7,068,569

(3.8%)


73,772,194

73,404,959

0.5%


Atlantic

2,992,464

3,308,944

(9.6%)


32,547,917

33,685,158

(3.4%)


Pacific

2,765,873

2,711,515

2.0%


27,320,161

26,285,757

3.9%


Latin

1,040,900

1,048,110

(0.7%)


13,904,116

13,434,044

3.5%











Mainline

14,263,404

14,851,159

(4.0%)


152,124,226

153,483,627

(0.9%)


Regional

2,194,297

2,172,861

1.0%


21,952,005

21,602,190

1.6%


Consolidated

16,457,701

17,024,020

(3.3%)


174,076,231

175,085,817

(0.6%)










AVAILABLE SEAT MILES (000)









Domestic

8,706,559

9,156,103

(4.9%)


91,983,575

93,845,309

(2.0%)











International

8,463,867

8,863,923

(4.5%)


91,141,191

90,975,401

0.2%


Atlantic

3,800,495

4,165,738

(8.8%)


40,687,158

41,992,620

(3.1%)


Pacific

3,351,989

3,340,306

0.3%


33,183,362

31,985,586

3.7%


Latin

1,311,383

1,357,879

(3.4%)


17,270,671

16,997,195

1.6%











Mainline

17,170,426

18,020,026

(4.7%)


183,124,766

184,820,710

(0.9%)


Regional

2,673,624

2,740,889

(2.5%)


27,413,772

27,753,875

(1.2%)


Consolidated

19,844,050

20,760,915

(4.4%)


210,538,538

212,574,585

(1.0%)










PASSENGER LOAD FACTOR









Domestic

85.7%

85.0%

0.7 pts


85.2%

85.3%

(0.1) pts











International

80.3%

79.7%

0.6 pts


80.9%

80.7%

0.2 pts


Atlantic

78.7%

79.4%

(0.7) pts


80.0%

80.2%

(0.2) pts


Pacific

82.5%

81.2%

1.3 pts


82.3%

82.2%

0.1 pts


Latin

79.4%

77.2%

2.2 pts


80.5%

79.0%

1.5 pts











Mainline

83.1%

82.4%

0.7 pts


83.1%

83.0%

0.1 pts


Regional

82.1%

79.3%

2.8 pts


80.1%

77.8%

2.3 pts


Consolidated

82.9%

82.0%

0.9 pts


82.7%

82.4%

0.3 pts










ONBOARD PASSENGERS (000)









Mainline

7,445

7,839

(5.0%)


79,229

81,238

(2.5%)


Regional

3,966

3,858

2.8%


39,368

38,065

3.4%


Consolidated

11,411

11,697

(2.4%)


118,597

119,303

(0.6%)










CARGO REVENUE TON MILES (000)









Total

205,193

228,806

(10.3%)


2,063,954

2,213,672

(6.8%)

 

Preliminary Financial Results




September 2012 year-over-year consolidated PRASM change

(3.1)

%

September 2012 year-over-year mainline PRASM change

(4.0)

%

October 2012 estimated year-over-year consolidated PRASM change

0.5 – 1.5

%

October 2012 estimated year-over-year mainline PRASM change

Approximately flat


October 2012 estimated consolidated average price per gallon of fuel, including fuel taxes

3.42

Dollars

Fourth Quarter 2012 estimated consolidated average price per gallon of fuel, including fuel taxes

3.30

Dollars






 Preliminary Operational Results






2012

20113

Change

October On-Time Performance1

76.7%

82.1%

(5.4)

pts

October Completion Factor2

95.6%

99.3%

(3.7)

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.

3 In order to provide a meaningful year-over-year comparison, 2011 operational results are combined on a weighted departure basis for the Company's two operating subsidiaries, United and Continental. On a standalone basis, United's October 2011 on-time performance and completion factor was 82.4% and 99.4%, respectively, and Continental's October 2011 on-time performance and completion factor was 81.6% and 99.2%, respectively.

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 which 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 release are based upon information available to us on the date of this release. 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; 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 aviation fuel and energy refining capacity in relevant markets); our ability to cost-effectively hedge against increases in the price of aviation 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; the costs associated with security measures and practices; 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 our 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. Consequently, forward-looking statements should not be regarded as representations or warranties by us that such matters will be realized.

SOURCE United Continental Holdings, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform and how we integrate our thinking to solve complicated problems. In his session at 19th Cloud Expo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm ...
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
SYS-CON Events has announced today that Roger Strukhoff has been named conference chair of Cloud Expo and @ThingsExpo 2016 Silicon Valley. The 19th Cloud Expo and 6th @ThingsExpo will take place on November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. "The Internet of Things brings trillions of dollars of opportunity to developers and enterprise IT, no matter how you measure it," stated Roger Strukhoff. "More importantly, it leverages the power of devices and the Interne...
"We work in the area of Big Data analytics and Big Data analytics is a very crowded space - you have Hadoop, ETL, warehousing, visualization and there's a lot of effort trying to get these tools to talk to each other," explained Mukund Deshpande, head of the Analytics practice at Accelerite, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
The idea of comparing data in motion (at the sensor level) to data at rest (in a Big Data server warehouse) with predictive analytics in the cloud is very appealing to the industrial IoT sector. The problem Big Data vendors have, however, is access to that data in motion at the sensor location. In his session at @ThingsExpo, Scott Allen, CMO of FreeWave, discussed how as IoT is increasingly adopted by industrial markets, there is going to be an increased demand for sensor data from the outermos...
UAS, drones or unmanned aircraft, no matter what you call them — this was their week. Our news stream was flooded with updates on the newly announced rules and regulations for commercial UAS from the FAA. So, naturally we have dedicated this week’s top news round up to highlight some of our favorite UAS stories.
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2016 Silicon Valley. The 6thInternet of @ThingsExpo will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Basho Technologies has announced the latest release of Basho Riak TS, version 1.3. Riak TS is an enterprise-grade NoSQL database optimized for Internet of Things (IoT). The open source version enables developers to download the software for free and use it in production as well as make contributions to the code and develop applications around Riak TS. Enhancements to Riak TS make it quick, easy and cost-effective to spin up an instance to test new ideas and build IoT applications. In addition to...
CenturyLink has announced that application server solutions from GENBAND are now available as part of CenturyLink’s Networx contracts. The General Services Administration (GSA)’s Networx program includes the largest telecommunications contract vehicles ever awarded by the federal government. CenturyLink recently secured an extension through spring 2020 of its offerings available to federal government agencies via GSA’s Networx Universal and Enterprise contracts. GENBAND’s EXPERiUS™ Application...
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
When people aren’t talking about VMs and containers, they’re talking about serverless architecture. Serverless is about no maintenance. It means you are not worried about low-level infrastructural and operational details. An event-driven serverless platform is a great use case for IoT. In his session at @ThingsExpo, Animesh Singh, an STSM and Lead for IBM Cloud Platform and Infrastructure, will detail how to build a distributed serverless, polyglot, microservices framework using open source tec...
Apixio Inc. has raised $19.3 million in Series D venture capital funding led by SSM Partners with participation from First Analysis, Bain Capital Ventures and Apixio’s largest angel investor. Apixio will dedicate the proceeds toward advancing and scaling products powered by its cognitive computing platform, further enabling insights for optimal patient care. The Series D funding comes as Apixio experiences strong momentum and increasing demand for its HCC Profiler solution, which mines unstruc...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
Presidio has received the 2015 EMC Partner Services Quality Award from EMC Corporation for achieving outstanding service excellence and customer satisfaction as measured by the EMC Partner Services Quality (PSQ) program. Presidio was also honored as the 2015 EMC Americas Marketing Excellence Partner of the Year and 2015 Mid-Market East Partner of the Year. The EMC PSQ program is a project-specific survey program designed for partners with Service Partner designations to solicit customer feedbac...
IoT offers a value of almost $4 trillion to the manufacturing industry through platforms that can improve margins, optimize operations & drive high performance work teams. By using IoT technologies as a foundation, manufacturing customers are integrating worker safety with manufacturing systems, driving deep collaboration and utilizing analytics to exponentially increased per-unit margins. However, as Benoit Lheureux, the VP for Research at Gartner points out, “IoT project implementers often ...
"delaPlex is a software development company. We do team-based outsourcing development," explained Mark Rivers, COO and Co-founder of delaPlex Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
Connected devices and the industrial internet are growing exponentially every year with Cisco expecting 50 billion devices to be in operation by 2020. In this period of growth, location-based insights are becoming invaluable to many businesses as they adopt new connected technologies. Knowing when and where these devices connect from is critical for a number of scenarios in supply chain management, disaster management, emergency response, M2M, location marketing and more. In his session at @Th...
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to imp...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...