United Airlines (UAL) today reported October 2013 operational results.
UAL’s October 2013 consolidated traffic (revenue passenger miles) increased 3.1 percent and consolidated capacity (available seat miles) increased 4.3 percent versus October 2012. UAL’s October 2013 consolidated load factor decreased 1.0 point compared to October 2012.
UAL’s October 2013 consolidated passenger revenue per available seat mile (PRASM) was approximately flat compared to October 2012. The Company’s October 2013 year-over-year PRASM was reduced by approximately 3 percentage points in total due to the impact of the government shutdown, Superstorm Sandy’s impact in October 2012 and the depreciation of the yen. These items were mostly offset by larger than normal positive adjustments identified during the month-end close process.
Source / Author: United Airlines