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United Reports September 2015 Operational Performance

Direct News Source

08-Oct-2015 United Airlines (UAL) today reported September 2015 operational results.

UAL's September 2015 consolidated traffic (revenue passenger miles) increased 1.4 percent and consolidated capacity (available seat miles) increased 1.4 percent versus September 2014. UAL's September 2015 consolidated load factor was flat compared to September 2014.

About United

United Airlines and United Express operate an average of nearly 5,000 flights a day to 362 airports across six continents. In 2014, United and United Express operated nearly two million flights carrying 138 million customers. United is proud to have the world's most comprehensive route network, including U.S. mainland hubs in Chicago, Denver, Houston, Los Angeles, New York/Newark, San Francisco and Washington, D.C. United operates nearly 700 mainline aircraft, and this year, the airline anticipates taking delivery of 34 new Boeing aircraft, including the 787-9 and the 737-900ER. United is also welcoming 49 new Embraer E175 aircraft to United Express. The airline is a founding member of Star Alliance, which provides service to 192 countries via 28 member airlines. More than 84,000 United employees reside in every U.S. state and in countries around the world. For more information, visit united.com, follow @United on Twitter or connect on Facebook. The common stock of United's parent, United Continental Holdings, Inc., is traded on the NYSE under the symbol UAL.

Preliminary Operational Results

September

Year-to-Date

2015

2014

Change

2015

2014

Change

REVENUE PASSENGER MILES (000)

Domestic

7,529,120

7,174,398

4.9%

69,903,636

68,724,970

1.7%

International

7,292,562

7,287,950

0.1%

69,268,354

67,680,976

2.3%

Atlantic

3,566,853

3,614,892

(1.3%)

29,101,239

29,281,199

(0.6%)

Pacific

2,674,280

2,656,760

0.7%

25,358,292

24,545,328

3.3%

Latin

1,051,429

1,016,298

3.5%

14,808,823

13,854,449

6.9%

Mainline

14,821,682

14,462,348

2.5%

139,171,990

136,405,946

2.0%

Regional

2,043,123

2,163,574

(5.6%)

18,720,990

19,941,610

(6.1%)

Consolidated

16,864,805

16,625,922

1.4%

157,892,980

156,347,556

1.0%

AVAILABLE SEAT MILES (000)

Domestic

8,815,651

8,565,059

2.9%

80,970,986

79,334,615

2.1%

International

9,055,645

8,844,776

2.4%

85,203,692

82,573,290

3.2%

Atlantic

4,309,967

4,217,839

2.2%

36,456,123

36,173,427

0.8%

Pacific

3,395,146

3,342,425

1.6%

30,767,017

29,818,203

3.2%

Latin

1,350,532

1,284,512

5.1%

17,980,552

16,581,660

8.4%

Mainline

17,871,296

17,409,835

2.7%

166,174,678

161,907,905

2.6%

Regional

2,463,507

2,639,265

(6.7%)

22,524,606

23,900,174

(5.8%)

Consolidated

20,334,803

20,049,100

1.4%

188,699,284

185,808,079

1.6%

PASSENGER LOAD FACTOR

Domestic

85.4%

83.8%

1.6 pts

86.3%

86.6%

(0.3) pts

International

80.5%

82.4%

(1.9) pts

81.3%

82.0%

(0.7) pts

Atlantic

82.8%

85.7%

(2.9) pts

79.8%

80.9%

(1.1) pts

Pacific

78.8%

79.5%

(0.7) pts

82.4%

82.3%

0.1 pts

Latin

77.9%

79.1%

(1.2) pts

82.4%

83.6%

(1.2) pts

Mainline

82.9%

83.1%

(0.2) pts

83.8%

84.2%

(0.4) pts

Regional

82.9%

82.0%

0.9 pts

83.1%

83.4%

(0.3) pts

Consolidated

82.9%

82.9%

0.0 pts

83.7%

84.1%

(0.4) pts

ONBOARD PASSENGERS (000)

Mainline

7,684

7,187

6.9%

72,158

69,388

4.0%

Regional

3,633

3,807

(4.6%)

33,059

35,084

(5.8%)

Consolidated

11,317

10,994

2.9%

105,217

104,472

0.7%

CARGO REVENUE TON MILES (000)

Total

211,666

207,804

1.9%

1,934,973

1,812,750

6.7%

Third Quarter Preliminary Fuel Costs Per Gallon

Estimated average price per gallon of fuel, excluding hedges

$1.72

Operating cash-settled hedge loss price per gallon

$0.15

Estimated average price per gallon of fuel, including operating cash-settled hedges1

$1.87

Non-operating cash-settled hedge loss price per gallon2

$0.10

Estimated average price per gallon of fuel, including all cash-settled hedges3

$1.97

1This price per gallon corresponds to fuel expense in the income statement

2This price per gallon corresponds to the impact of non-operating hedges that appear in non-operating expense in the income statement

3This price per gallon corresponds to the total economic cost of the company's fuel consumption

including all cash-settled hedges but does not directly correspond to fuel expense in the income statement

Preliminary Operational Results

2015

2014

Change

September On-Time Performance4

86.2%

80.7%

5.5

pts

September Completion Factor5

99.6%

98.7%

0.9

pts

4Based on domestic mainline scheduled flights arriving within 14 minutes of scheduled arrival time,

according to data published in the DOT Air Travel Consumer Report

5Mainline completion percentage