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UAL Corp provides guidance for 1Q2010

30-Mar-2010 1:52 PM

UAL Corp, parent of United Airlines, expects consolidated passenger revenue per ASM to increase by up to 17% year-on-year to between USD 11.44 cents to USD 11.54 cents for the three months ending 31-Mar-2010. UAL Corp provided the following guidance for 1Q2010:

  • United revenue per ASM: USD 11.44 cents to USD 11.54 cents, +16% to +17% year-on-year;
    • Mainline: USD 10.50 cents to USD 10.59 cents, +16.5% to +17.5%;
  • Operating cost per ASM*: USD 12.63 cents to USD 12.72 cents, +6.0% to +6.7%;
    • Mainline: USD 11.88 cents to USD 11.96 cents, +5.1% to +5.8%;
  • Cost per ASM excl fuel and profit sharing: USD 8.87 cents to USD 8.96 cents, +4.0% to +5.0%;
    • Mainline: USD 8.36 cents to USD 8.44 cents, +4.5% to +5.5%;
  • Passenger traffic (RPMs): +1.7% to +2.7%;
    • Mainline: -0.8% to +0.2%;
  • Capacity (ASMs): -3.4%;
    • Mainline: -6.1%;
      • Domestic: -5.8%;
      • International: -6.5%. [more]

*Excluding profit sharing and non-cash net market-to-market impacts