United Continental Holdings reports positive financial and operational results in 2Q2017

United Continental Holdings reported (18-Jul-2017) the following financial highlights:

• Three months ended 30-Jun-2017:
  • Total operating revenue: USD10,000 million, +6.4% year-on-year;
    • Passenger: USD8622 million, +6.4%;
    • Cargo: USD254 million, +22.1%;
  • Total operating costs: USD8601 million, +3.2%;
    • Labour: USD2868 million, +10.6%;
    • Fuel: USD1669 million, +16.1%;
  • Operating profit: USD1399 million, +32.0%;
  • Net profit: USD818 million, +39.1%;
  • Passengers: 38.2 million, +5.0%;
  • Passenger load factor: 83.5%, stable;
  • Passenger revenue per ASM: USD 12.78 cents, +2.1%;
  • Total revenue per ASM: USD 14.82 cents, +2.1%;
  • Average yield: USD 15.30 cents, +2.0%;
  • Average stage length: 1475 miles, -1.4%;
• Six months ended 30-Jun-2017:
  • Total operating revenue: USD18,420 million, +4.7%;
    • Passenger: USD15,796 million, +4.7%;
    • Cargo: USD474 million, +17.9%;
  • Total operating costs: USD16,743 million, +5.4%;
    • Labour: USD5529 million, +8.8%;
    • Fuel: USD3229 million, +21.6%;
  • Operating profit: USD1677 million, -1.9%;
  • Net profit: USD914 million, +1.4%;
  • Passengers: 71.4 million, +4.2%;
  • Passenger load factor: 81.7%, -0.1 ppt;
  • Passenger revenue per ASM: USD 12.41 cents, +1.1%;
  • Total revenue per ASM: USD 14.47 cents, +1.2%;
  • Average yield: USD 15.19 cents, +1.3%;
  • Average stage length: 1464 miles, -1.0%. [more - original PR]