CHICAGO, Oct. 1 /PRNewswire-FirstCall/ -- United Continental Holdings, Inc. today reported September 2010 and year-to-date 2010 operational results for Continental Airlines. Earlier today, United Continental Holdings, Inc., formerly UAL Corporation, announced that a wholly owned subsidiary merged with Continental Airlines, Inc., and that Continental Airlines and United Air Lines, Inc. are now wholly owned subsidiaries of United Continental Holdings, Inc. Stand-alone operational results for United Air Lines will be reported on Oct. 7.
Beginning with the release of October's operational results in November, United Continental Holdings, Inc. will issue one news release on the fifth business day following the end of the prior month.
Continental's consolidated traffic in September 2010 increased 3.1 percent versus September 2009 on a consolidated capacity increase of 1.4 percent. Continental's consolidated load factor increased 1.4 points compared to the same period last year.
For September 2010, consolidated passenger revenue per available seat mile (RASM) for Continental is estimated to have increased between 19.0 and 20.0 percent compared to September 2009, while Continental's mainline RASM is estimated to have increased between 21.0 to 22.0 percent compared to the same period last year.
Continental ended the third quarter of 2010 with an unrestricted cash, cash equivalents and short-term investments balance of approximately $4.20 billion.
About United Continental Holdings, Inc.
United Continental Holdings, Inc. is the holding company for both United Airlines and Continental Airlines. Together with United Express, Continental Express and Continental Connection, these airlines operate a total of approximately 5,800 flights a day to 371 airports throughout the Americas, Europe and Asia from their hubs in Chicago, Cleveland, Denver, Guam, Houston, Los Angeles, New York, San Francisco, Tokyo and Washington, D.C. United and Continental are members of Star Alliance, which offers more than 21,200 daily flights to 1,172 airports in 181 countries worldwide through its 28 member airlines. United's and Continental's more than 80,000 employees reside in every U.S. state and in many countries around the world. For more information about United Continental Holdings, Inc., go to UnitedContinentalHoldings.com. For more information about the airlines, see united.com and continental.com, and follow each company on Twitter and Facebook.
-tables attached- Continental Preliminary Operational Results September --------- 2010 2009 Change REVENUE PASSENGER MILES (000) Domestic 3,113,877 3,173,371 -1.9 % International 3,323,961 3,048,654 9.0 % Transatlantic 1,904,904 1,727,480 10.3 % Latin America 671,099 635,693 5.6 % Pacific 747,958 685,481 9.1 % Mainline 6,437,838 6,222,025 3.5 % Regional 724,711 724,977 0.0 % Consolidated 7,162,549 6,947,002 3.1 % AVAILABLE SEAT MILES (000) Domestic 3,759,886 3,778,821 -0.5 % International 3,947,029 3,791,178 4.1 % Transatlantic 2,200,485 2,079,010 5.8 % Latin America 856,419 819,389 4.5 % Pacific 890,125 892,779 -0.3 % Mainline 7,706,915 7,569,999 1.8 % Regional 936,311 956,913 -2.2 % Consolidated 8,643,226 8,526,912 1.4 % PASSENGER LOAD FACTOR Domestic 82.8 Percent 84.0 Percent -1.2 pts International 84.2 Percent 80.4 Percent 3.8 pts Transatlantic 86.6 Percent 83.1 Percent 3.5 pts Latin America 78.4 Percent 77.6 Percent 0.8 pts Pacific 84.0 Percent 76.8 Percent 7.2 pts Mainline 83.5 Percent 82.2 Percent 1.3 pts Regional 77.4 Percent 75.8 Percent 1.6 pts Consolidated 82.9 Percent 81.5 Percent 1.4 pts ONBOARD PASSENGERS Mainline 3,391,332 3,330,332 1.8 % Regional 1,354,004 1,350,709 0.2 % Consolidated 4,745,336 4,681,041 1.4 % CARGO REVENUE TON MILES (000) Total 91,319 84,370 8.2 % Year-to-Date ------------ 2010 2009 Change REVENUE PASSENGER MILES (000) Domestic 30,175,706 30,522,134 -1.1 % International 32,101,106 30,066,409 6.8 % Transatlantic 16,039,894 15,426,106 4.0 % Latin America 9,469,247 8,999,186 5.2 % Pacific 6,591,965 5,641,117 16.9 % Mainline 62,276,812 60,588,543 2.8 % Regional 7,286,564 6,984,255 4.3 % Consolidated 69,563,376 67,572,798 2.9 % AVAILABLE SEAT MILES (000) Domestic 35,422,270 35,966,166 -1.5 % International 38,723,703 38,151,937 1.5 % Transatlantic 19,137,394 19,582,526 -2.3 % Latin America 11,651,234 11,061,249 5.3 % Pacific 7,935,075 7,508,162 5.7 % Mainline 74,145,973 74,118,103 0.0 % Regional 9,218,374 9,144,698 0.8 % Consolidated 83,364,347 83,262,801 0.1 % PASSENGER LOAD FACTOR Domestic 85.2 Percent 84.9 Percent 0.3 pts International 82.9 Percent 78.8 Percent 4.1 pts Transatlantic 83.8 Percent 78.8 Percent 5.0 pts Latin America 81.3 Percent 81.4 Percent -0.1 pts Pacific 83.1 Percent 75.1 Percent 8.0 pts Mainline 84.0 Percent 81.7 Percent 2.3 pts Regional 79.0 Percent 76.4 Percent 2.6 pts Consolidated 83.4 Percent 81.2 Percent 2.2 pts ONBOARD PASSENGERS Mainline 34,086,874 34,618,306 -1.5 % Regional 13,335,304 12,932,311 3.1 % Consolidated 47,422,178 47,550,617 -0.3 % CARGO REVENUE TON MILES (000) Total 822,955 664,768 23.8 % Preliminary Operational and Financial Results Change August 2010 year-over-year consolidated RASM change 19.1 Percent August 2010 year-over-year mainline RASM change 19.3 Percent September 2010 estimated year-over-year 19.0 - consolidated RASM change 20.0 Percent September 2010 estimated year-over-year 21.0 - mainline RASM change 22.0 Percent September 2010 estimated average price per gallon of fuel, including fuel taxes 2.22 Dollars Third Quarter 2010 estimated average price per gallon of fuel, including fuel taxes 2.21 Dollars September 2010 2009 Change On-Time Performance (1) 86.9% 88.4% (1.5) Points Completion Factor (2) 99.7% 99.8% (0.1) Points (1) Department of Transportation Arrivals within 14 minutes (2) Mainline Segment Completion Percentage
United Continental Holdings, Inc.
CONTACT: Worldwide Media Relations, +1-312-997-8640,
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both of United Continental Holdings, Inc.
Web Site: http://unitedcontinentalholdings.com/
http://united.com/
http://continental.com/
