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United Continental expects consolidated cost per CASM to be up in 3Q2011

22-Sep-2011 12:04 PM

United Continental Holdings expects (21-Sep-2011) the following expense increases for its 3Q2011 results:

  • Consolidated cost per CASM, excluding fuel, profit sharing, certain accounting charges and merger-related expenses, to be up between 1.7% to 2.7%;
  • Non-operating expense to be between USD250 million to USD260 million, including a charge of approximately USD37 million related to fuel hedge ineffectiveness;
  • Gross capital expenditures of USD225 million and approximately USD190 million of net capital expenditures, both excluding purchase deposits of USD51 million. [more - 8K Sec Filing]