United Airlines Reports April 2010 Operational Performance
United Airlines reported its preliminary consolidated traffic results for April 2010. Total consolidated revenue passenger miles (RPMs) increased in April by 0.6% on a decrease of 1.2% in available seat miles (ASMs) compared with the same period in 2009.
This resulted in a reported April consolidated passenger load factor of 81.4%, an increase of 1.5 points compared to 2009.
For April 2010, consolidated passenger revenue per available seat mile (PRASM) is estimated to have increased 23.0% to 24.0% year over year. Consolidated PRASM is estimated to have increased 5.5% to 6.5% for April 2010 compared to April 2008, 2.6 percentage points of which were due to growth in ancillary revenues.
The company estimates that volcanic ash related cancellations in April reduced April revenue by approximately $35 million and resulted in a 2.8 point decline in capacity for the month.
United reported a U.S. Department of Transportation on-time arrival rate of 88.5% in April.
Average April 2010 mainline fuel price, including gains or losses on settled fuel hedges and excluding non-cash, mark-to-market fuel hedge gains and losses, is estimated to be $2.21 per gallon. Including non-cash, mark-to-market fuel hedge gains and losses, the estimated fuel price is $2.07 per gallon for the month.
