United Reports October 2018 Operational Performance - United Hub

United Reports October 2018 Operational Performance

November 08, 2018

CHICAGO, Nov. 8, 2018 /PRNewswire/ -- United Airlines (UAL) today reported October 2018 operational results.

UAL's October 2018 consolidated traffic (revenue passenger miles) increased 7.5 percent and consolidated capacity (available seat miles) increased 5.9 percent versus October 2017. UAL's October 2018 consolidated load factor increased 1.2 points compared to October 2017.

October Highlights

  • Launched inaugural flight between San Francisco and Tahiti, becoming the only U.S. carrier to have service between the mainland U.S. and the Islands of Tahiti.
  • Inaugurated year-round, daily nonstop service between Chicago O'Hare and León, Guanajuato, Mexico; announced special nonstop flights between San Francisco and Barcelona in February 2019 to make travel to the 2019 Mobile World Congress more convenient for Bay Area residents; and announced 22 new routes from six of its U.S. hubs beginning service in 2019.
  • As part of an ongoing Crowdrise fundraising campaign, announced the matching of an additional $100,000 for those affected by Hurricane Michael, while continuing to award up to 5 million bonus miles for individuals who make donations for $50 or more for hurricane and typhoon related efforts.
  • Unveiled state-of-the-art flight training center in Denver, Colorado - the largest in the world and home to the company's more than 30 full flight simulators representing all of United's fleet types.
  • Successfully completed the full implementation of the flight attendant joint collective bargaining agreement, allowing the company to operate more efficiently and reliably.

About United

United Airlines and United Express operate approximately 4,700 flights a day to 356 airports across five continents. In 2017, United and United Express operated more than 1.6 million flights carrying more than 148 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, Newark/New York, San Francisco and Washington, D.C. United operates 760 mainline aircraft and the airline's United Express carriers operate 546 regional aircraft. The airline is a founding member of Star Alliance, which provides service to 193 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 Nasdaq under the symbol "UAL".

Preliminary Operational Results




October


Year-to-Date



2018


2017


Change


2018


2017


Change

 REVENUE PASSENGER MILES (000)












Domestic

11,582,143



10,910,718



6.2

%


111,054,221



103,503,946



7.3

%


Mainline

9,470,705



8,942,878



5.9

%


90,825,526



85,319,567



6.5

%


Regional

2,111,438



1,967,840



7.3

%


20,228,695



18,184,379



11.2

%


International

7,830,372



7,142,052



9.6

%


81,544,972



77,660,796



5.0

%


Atlantic

3,715,350



3,166,876



17.3

%


34,786,325



31,116,479



11.8

%


Pacific

2,726,993



2,673,964



2.0

%


28,493,958



28,358,795



0.5

%


Latin

1,388,029



1,301,212



6.7

%


18,264,689



18,185,522



0.4

%


Mainline

1,323,374



1,237,000



7.0

%


17,512,859



17,477,588



0.2

%


Regional

64,655



64,212



0.7

%


751,830



707,934



6.2

%


Consolidated

19,412,515



18,052,770



7.5

%


192,599,193



181,164,742



6.3

%














AVAILABLE SEAT MILES (000)













Domestic

13,629,210



12,786,643



6.6

%


129,688,578



121,436,391



6.8

%


Mainline

11,096,224



10,447,471



6.2

%


105,388,302



99,329,430



6.1

%


Regional

2,532,986



2,339,172



8.3

%


24,300,276



22,106,961



9.9

%


International

9,945,812



9,474,947



5.0

%


100,245,981



98,183,430



2.1

%


Atlantic

4,528,363



4,231,225



7.0

%


42,493,127



40,641,436



4.6

%


Pacific

3,662,169



3,575,772



2.4

%


35,895,886



35,668,379



0.6

%


Latin

1,755,280



1,667,950



5.2

%


21,856,968



21,873,615



(0.1)

%


Mainline

1,666,760



1,579,771



5.5

%


20,854,107



20,905,035



(0.2)

%


Regional

88,520



88,179



0.4

%


1,002,861



968,580



3.5

%


Consolidated

23,575,022



22,261,590



5.9

%


229,934,559



219,619,821



4.7

%














PASSENGER LOAD FACTOR













Domestic

85.0

%


85.3

%


(0.3) pts


85.6

%


85.2

%


0.4 pts


Mainline

85.4

%


85.6

%


(0.2) pts


86.2

%


85.9

%


0.3 pts


Regional

83.4

%


84.1

%


(0.7) pts


83.2

%


82.3

%


0.9 pts


International

78.7

%


75.4

%


3.3 pts


81.3

%


79.1

%


2.2 pts


Atlantic

82.0

%


74.8

%


7.2 pts


81.9

%


76.6

%


5.3 pts


Pacific

74.5

%


74.8

%


(0.3) pts


79.4

%


79.5

%


(0.1) pts


Latin

79.1

%


78.0

%


1.1 pts


83.6

%


83.1

%


0.5 pts


Mainline

79.4

%


78.3

%


1.1 pts


84.0

%


83.6

%


0.4 pts


Regional

73.0

%


72.8

%


0.2 pts


75.0

%


73.1

%


1.9 pts


Consolidated

82.3

%


81.1

%


1.2 pts


83.8

%


82.5

%


1.3 pts














ONBOARD PASSENGERS (000)













Mainline

9,781



9,132



7.1

%


95,129



90,223



5.4

%


Regional

3,918



3,634



7.8

%


37,009



33,197



11.5

%


Consolidated

13,699



12,766



7.3

%


132,138



123,420



7.1

%














CARGO REVENUE TON MILES (000)












Total

305,900



308,566



(0.9)

%


2,828,745



2,714,377



4.2

%














OPERATIONAL PERFORMANCE













Mainline Departure Performance1

71.8

%


74.0

%


(2.2) pts








Mainline Completion Factor

99.8

%


99.7

%


0.1 pts





















1Based on mainline scheduled flights departing by or before scheduled departure time

Note: See Part II, Item 6, Selected Financial Data, of the company's Annual Report on Form 10-K for the fiscal year ended December 31, 2017 for the definitions of these statistics

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 anticipated financial and operating 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," "estimates," "forecast," "guidance," "outlook," "goals" 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 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: 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, including political developments that may impact our operations in certain countries; demand for travel and the impact that global economic and political conditions have on customer travel patterns; competitive pressures on pricing and on demand; demand for transportation in the markets in which we operate; our capacity decisions and the capacity decisions of our competitors; the effects of any hostilities, act of war or terrorist attack; the effects of any technology failures or cybersecurity breaches; the impact of regulatory, investigative and legal proceedings and legal compliance risks; disruptions to our regional network; 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; costs associated with any modification or termination of our aircraft orders; potential reputational or other impact from adverse events in our operations, the operations of our regional carriers or the operations of our code share partners; our ability to attract and retain customers; 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, cost reduction initiatives and fleet replacement programs; the impact of any management changes; our ability to cost-effectively hedge against increases in the price of aircraft fuel if we decide to do so; any potential realized or unrealized gains or losses related to any fuel or currency hedging programs; labor costs; our ability to maintain satisfactory labor relations and the results of any collective bargaining agreement process with our union groups; any disruptions to operations due to any potential actions by our labor groups; an outbreak of a disease that affects travel demand or travel behavior; U.S. or foreign governmental legislation, regulation and other actions (including Open Skies agreements and environmental regulations); industry consolidation or changes in airline alliances; our ability to comply with the terms of our various financing arrangements; the costs and availability of financing; our ability to maintain adequate liquidity; the costs and availability of aviation and other insurance; weather conditions; our ability to utilize our net operating losses to offset future taxable income; the impact of changes in tax laws; the success of our investments in airlines in other parts of the world; and other risks and uncertainties set forth under Part I, Item 1A., "Risk Factors," of our Annual Report on Form 10-K for the fiscal year ended December 31, 2017, 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.

 

SOURCE United Airlines

For further information: United Airlines Worldwide Media Relations, +1-872-825-8640, media.relations@united.com

United Airlines to Host 'United Next' Investor Event to Discuss Company Strategy

June 22, 2021

CHICAGO, June 22, 2021 /PRNewswire/ -- United Airlines will hold an investor event to provide an update on the Company's strategy. The event will take place on Tuesday, June 29 at 8:00 a.m. EDT and a live, listen-only webcast of the presentation will be available at ir.united.com.

United Advances Innovation Through Corporate Venture Capital Fund

United Airlines Ventures will invest in high-potential companies focused on sustainability, aerospace, and other innovative technologies
June 10, 2021

CHICAGO, June 10, 2021 /PRNewswire/ -- United Airlines launched a new, corporate venture fund today – United Airlines Ventures – that will allow the airline to continue investing in emerging companies that have the potential to influence the future of travel. The new fund will concentrate on sustainability concepts that will complement United's goal of net zero emissions by 2050 - without relying on traditional carbon offsets - as well as revolutionary aerospace developments and innovative technologies that are expected to create value for customers and United's operation.

Warriors, United Airlines Launch Franchise Fund

Four-Month Program Will Support Small Business Advancement Goals, Provide Resources For Business Growth

June 08, 2021

SAN FRANCISCO The Golden State Warriors and United Airlines announced today the launch of Franchise Fund, a program designed to support minority-owned Bay Area small businesses. For a video explaining Franchise Fund, click here.

United Adding Supersonic Speeds with New Agreement to Buy Aircraft from Boom Supersonic

First U.S. airline to sign commercial agreement with Boom Supersonic

New aircraft will cut travel times in half and operate on up to 100% sustainable aviation fuel

June 03, 2021

CHICAGO and DENVER, June 3, 2021 /PRNewswire/ -- United Airlines today announced a commercial agreement with Denver-based aerospace company Boom Supersonic to add aircraft to its global fleet as well as a cooperative sustainability initiative – a move that facilitates a leap forward in returning supersonic speeds to aviation.

Flying with Pride: United, Chase and Visa Join Forces in Support of LGBTQ+ Equality

Eligible United MileagePlus Visa Cardmembers earn five total miles for every dollar donated to charities supporting the LGBTQ+ community - up to $1,000 per eligible card
June 01, 2021

CHICAGO, June 1, 2021 /PRNewswire/ -- In celebration and support of Pride Month, United Airlines, Chase and Visa are collaborating to reward United Visa Cardmembers who donate to non-profit LGBTQ+ organizations. Between June 1 and June 30, 2021, eligible United MileagePlus Visa Cardmembers will receive five total miles for every dollar up to $1,000 in donations per eligible card made to the following organizations:

United Names Chief Customer Officer Toby Enqvist Executive Vice President

A 25-year industry veteran, Enqvist's promotion reflects airline's commitment to customers
May 28, 2021

CHICAGO, May 28, 2021 /PRNewswire/ -- United announced today that Chief Customer Officer Toby Enqvist has been named the airline's newest executive vice president. Enqvist was promoted yesterday by the United Airlines Holdings, Inc. Board of Directors. The promotion is effective immediately.

United Airlines to Present at the Bernstein 37th Annual Strategic Decisions Conference

May 28, 2021

CHICAGO, May 28, 2021 /PRNewswire/ -- United will present at the Bernstein Strategic Decisions Conference on Thursday, June 3. The presentation will begin at 2:30 p.m. CT / 3:30 p.m. ET.

The live webcast will be available on the investor relations section of United's website at ir.united.com. The company will archive the audio webcast on the website within 24 hours of the presentation, and the webcast will be available for a limited time.

About United

United's shared purpose is "Connecting People. Uniting the World." For more information, visit united.com, follow @United on Twitter and Instagram or connect on Facebook. The common stock of UAL is traded on the Nasdaq under the symbol "UAL".

 

SOURCE United Airlines

For further information: United Airlines Worldwide Media Relations, +1-872-825-8640, media.relations@united.com

United Airlines Names Edward 'Ted' Philip as Non-Executive Chairman of Its Board of Directors

May 27, 2021

CHICAGO, May 27, 2021 /PRNewswire/ -- United Airlines Holdings, Inc. (UAL) today announced that Edward "Ted" Philip will assume the role of non-executive chairman of the board of directors. Philip has served as a United board member since 2016, and as lead director since May 2020. Philip brings nearly three decades of corporate leadership across several industries.

United Sweepstakes Gives Vaccinated Customers a Shot to Win Free Flights, a Year of Travel

"Your Shot to Fly" sweepstakes aims to encourage COVID-19 vaccinations in support of the Biden administration's national effort to encourage people to get vaccinated

United is only U.S. airline where customers can upload COVID-19 testing and vaccination records directly to the airline's app and website via the Travel-Ready Center

May 24, 2021

CHICAGO, May 24, 2021 /PRNewswire/ -- United Airlines is offering its loyalty program members the chance to win free flights for a year's worth of travel, in support of the Biden administration's national effort to encourage more people to get their COVID-19 vaccination.

Under the terms of the "Your Shot to Fly" sweepstakes, any new or existing MileagePlus® member who uploads their vaccination records to the airline's mobile app or website between today and June 22 can be entered to win a roundtrip flight for two, in any class of service, to anywhere in the world United flies. United will give away 30 pairs of tickets throughout the month of June. In addition – on July 1 United will announce five randomly selected lucky MileagePlus members who have entered our sweepstakes for a grand prize of travel for a year for themselves and a companion – also in any class of service, anywhere in the world United flies. For video and photos of the upload process, click here.

United Airlines Applauds Spain's Decision to Reopen to Vaccinated Travelers

United flies to more European destinations than any other U.S. carrier; United will expand its service to Italy and Spain which are opening to tourists
May 21, 2021

CHICAGO, May 21, 2021 /PRNewswire/ -- United Airlines applauds Spain following its decision to reopen travel to vaccinated visitors beginning June 7. The announcement comes following the European Union Council's formal recommendation that EU Member States can reopen to fully vaccinated tourists and United looks forward to welcoming back customers on over 30 daily flights to 16 destinations in Europe this summer, including service between New York/Newark and Barcelona and Madrid.

United to Present at the 14th Annual Wolfe Research Global Transportation & Industrials Conference

May 20, 2021

CHICAGO, May 20, 2021 /PRNewswire/ -- United will present at the 14th Annual Wolfe Research Global Transportation & Industrials Conference on Tuesday, May 25. The presentation will begin at 12:00 p.m. CT / 1:00 p.m. ET.

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