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United Continental sees Q2 unit revenue up 2%

Published 07/12/2017, 07:03 AM
© Reuters.  United Continental sees Q2 unit revenue up 2%
UAL
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  • United Continental (NYSE:UAL) reports revenue passenger miles increased 3.4% in June to 20.288B. Domestic RPMs +6.0%.
  • Capacity was up 5.0% to 23.644B available seat miles. Domestic ASMs +7.7%.
  • June load factor -140 bps to 85.7%. YTD load factor -10 bps to 81.7%.
  • United says all regions performed in-line with expectations except for the Pacific. The company expects Q2 unit revenue to be up 2.0% Y/Y to fall in the midpoint of its prior range for a 1% to 3% gain.
  • UAL +1.12% premarket to $77.78.
  • Now read: Second Half Picking Up Right Where First Half Left Off


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