United Posts Declines in May Metrics

For United (NYSE: UAL  ) , May wasn't exactly a month for the record books. The company released its metrics for the month on Monday, and they were generally down on a year-over-year basis.

Revenue passenger miles slipped by 0.8% from May 2012's figure to 17.9 billion. Available seat miles also saw a decline, dropping to 21.2 billion, or 1.7% lower than the year-ago period's 21.6 billion. The figure for total onboard passengers also fell a bit, declining 1.4% on a year-over-year basis to just over 12 million.

Not every measurement for the month saw a drop. United's load factor (i.e., the average "occupancy" of its planes) was 86.5% in May for domestic flights, which was higher than the 86.2% recorded in the same month of 2012. That figure for international flights increased from 81.5% in May 2012 to 82.7% in May 2013.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2482867, ~/Articles/ArticleHandler.aspx, 4/18/2014 2:31:19 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

TREND TRACKER: Get Rich When the Web Goes Dark

It's time to say "goodbye" to your Internet! One bleeding-edge technology is about to put the World Wide Web to bed. And if you act right away, it could make you wildly rich. Experts are calling it the single largest business opportunity in the history of capitalism… The Economist is calling it "transformative"... but you'll probably just call it "how I made my millions." Big money is already on the move. Don't be too late to the party – find out the 1 stock to own when the Web goes dark.