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Exhibit 99.1

News Release

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Worldwide Press Office:

Email: media.relations@united.com

United Airlines Reports August 2010 Operational Performance

CHICAGO, September 8, 2010 – United Airlines today reported its preliminary consolidated traffic results for August 2010. Total consolidated revenue passenger miles (RPMs) increased in August by 2.5% on an increase of 1.7% in consolidated available seat miles (ASMs) compared with the same period in 2009. This resulted in a reported August consolidated passenger load factor of 86.7%, an increase of 0.6 points compared to 2009.

United reported a U.S. Department of Transportation on-time arrival rate of 85.0% in August.

For August 2010, consolidated passenger revenue per available seat mile (PRASM) is estimated to have increased 18.0% to 19.0% year-over-year. Consolidated PRASM for August 2010 compared to August 2008 is estimated to have increased 0.0% to 1.0%.

Average August 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 $2.38 per gallon. Including non-cash, mark-to-market fuel hedge gains and losses, the estimated fuel price is $2.41 per gallon for the month.

About United

United Airlines, a wholly-owned subsidiary of UAL Corporation (Nasdaq: UAUA), operates approximately 3,400* flights a day on United and United Express to more than 230 U.S. domestic and international destinations from its hubs in Los Angeles, San Francisco, Denver, Chicago and Washington, D.C. With key global air rights in the Asia-Pacific region, Europe and Latin America, United is one of the largest international carriers based in the United States. United also is a founding member of Star Alliance, which provides connections for our customers to 1,172 destinations in 181 countries worldwide. United’s 46,000 employees reside in every U.S. state and in many countries around the world. United ranked No. 1 in on-time performance for domestic scheduled flights for 2009 among America’s five largest global carriers, as measured by the Department of Transportation and published in the Air Travel Consumer Report for 2009. News releases and other information about United can be found at the company’s Web site at united.com. Follow United on Twitter @UnitedAirlines, and become a fan on Facebook by visiting facebook.com/unitedairlines.

 

* Based on United’s forward-looking flight schedule for July 2010 to June 2011.

The United Building, 77 West Wacker Drive, Chicago, Illinois 60601


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     August 2010     August 2009     Change  

REVENUE PASSENGER MILES (‘000)**

      

North America

   5,446,709      5,579,224      -2.4

Pacific

   2,140,708      2,022,008      5.9

Atlantic

   1,892,259      1,833,490      3.2

Latin America

   280,244      268,443      4.4
                  

Total International

   4,313,211      4,123,941      4.6

Total Mainline

   9,759,920      9,703,165      0.6

Regional Affiliates

   1,539,918      1,322,498      16.4

Total Consolidated

   11,299,838      11,025,663      2.5

AVAILABLE SEAT MILES (‘000)**

      

North America

   6,139,321      6,347,059      -3.3

Pacific

   2,424,593      2,390,979      1.4

Atlantic

   2,218,348      2,071,121      7.1

Latin America

   345,648      324,440      6.5
                  

Total International

   4,988,589      4,786,540      4.2

Total Mainline

   11,127,910      11,133,599      -0.1

Regional Affiliates

   1,900,586      1,671,057      13.7

Total Consolidated

   13,028,496      12,804,656      1.7

LOAD FACTOR**

      

North America

   88.7   87.9   0.8 pts   

Pacific

   88.3   84.6   3.7 pts   

Atlantic

   85.3   88.5   -3.2 pts   

Latin America

   81.1   82.7   -1.6 pts   
                  

Total International

   86.5   86.2   0.3 pts   

Total Mainline

   87.7   87.2   0.5 pts   

Regional Affiliates

   81.0   79.1   1.9 pts   

Total Consolidated

   86.7   86.1   0.6 pts   

REVENUE PASSENGERS BOARDED (‘000)**

      

Mainline

   5,057      5,330      -5.1

Regional Affiliates

   2,638      2,363      11.6
                  

Total Consolidated

   7,695      7,693      0.0

CARGO TON MILES (‘000)**

      

Freight

   136,073      116,234      17.1

Mail

   12,311      14,404      -14.5
                  

Total Mainline

   148,384      130,638      13.6

 

** Includes Scheduled and Charter Operations. Regional Affiliates results only reflect flights operated under capacity purchase agreements and flights operated as part of our joint venture with Aer Lingus.

 

The United Building, 77 West Wacker Drive, Chicago, Illinois 60601


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     QTD August 2010     QTD August 2009     Change  

REVENUE PASSENGER MILES (‘000)**

      

North America

   10,907,860      11,278,385      -3.3

Pacific

   4,250,828      4,037,345      5.3

Atlantic

   3,842,490      3,662,590      4.9

Latin America

   588,716      540,210      9.0
                  

Total International

   8,682,034      8,240,145      5.4

Total Mainline

   19,589,894      19,518,530      0.4

Regional Affiliates

   3,099,330      2,659,049      16.6

Total Consolidated

   22,689,224      22,177,579      2.3

AVAILABLE SEAT MILES (‘000)**

      

North America

   12,290,975      12,759,227      -3.7

Pacific

   4,853,415      4,797,559      1.2

Atlantic

   4,442,603      4,135,373      7.4

Latin America

   715,727      639,639      11.9
                  

Total International

   10,011,745      9,572,571      4.6

Total Mainline

   22,302,720      22,331,798      -0.1

Regional Affiliates

   3,789,531      3,309,812      14.5

Total Consolidated

   26,092,251      25,641,610      1.8

LOAD FACTOR**

      

North America

   88.7   88.4   0.3 pts   

Pacific

   87.6   84.2   3.4 pts   

Atlantic

   86.5   88.6   -2.1 pts   

Latin America

   82.3   84.5   -2.2 pts   
                  

Total International

   86.7   86.1   0.6 pts   

Total Mainline

   87.8   87.4   0.4 pts   

Regional Affiliates

   81.8   80.3   1.5 pts   

Total Consolidated

   87.0   86.5   0.5 pts   

REVENUE PASSENGERS BOARDED (‘000)**

      

Mainline

   10,122      10,754      -5.9

Regional Affiliates

   5,295      4,765      11.1
                  

Total Consolidated

   15,417      15,519      -0.7

CARGO TON MILES (‘000)**

      

Freight

   277,674      233,142      19.1

Mail

   25,957      29,524      -12.1
                  

Total Mainline

   303,631      262,666      15.6

 

** Includes Scheduled and Charter Operations. Regional Affiliates results only reflect flights operated under capacity purchase agreements and flights operated as part of our joint venture with Aer Lingus.

 

The United Building, 77 West Wacker Drive, Chicago, Illinois 60601


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     YTD August 2010     YTD August 2009     Change  

REVENUE PASSENGER MILES (‘000)**

      

North America

   38,822,521      39,926,813      -2.8

Pacific

   15,290,781      14,298,432      6.9

Atlantic

   12,517,553      12,021,353      4.1

Latin America

   2,243,504      2,170,885      3.3
                  

Total International

   30,051,838      28,490,670      5.5

Total Mainline

   68,874,359      68,417,483      0.7

Regional Affiliates

   10,940,888      9,069,084      20.6

Total Consolidated

   79,815,247      77,486,567      3.0

AVAILABLE SEAT MILES (‘000)**

  

 

North America

   45,451,142      47,388,281      -4.1

Pacific

   18,040,843      18,629,747      -3.2

Atlantic

   15,213,036      15,023,330      1.3

Latin America

   2,800,332      2,843,374      -1.5
                  

Total International

   36,054,211      36,496,451      -1.2

Total Mainline

   81,505,353      83,884,732      -2.8

Regional Affiliates

   13,899,765      11,809,120      17.7

Total Consolidated

   95,405,118      95,693,852      -0.3

LOAD FACTOR**

  

 

North America

   85.4   84.3   1.1 pts   

Pacific

   84.8   76.8   8.0 pts   

Atlantic

   82.3   80.0   2.3 pts   

Latin America

   80.1   76.3   3.8 pts   
                  

Total International

   83.4   78.1   5.3 pts   

Total Mainline

   84.5   81.6   2.9 pts   

Regional Affiliates

   78.7   76.8   1.9 pts   

Total Consolidated

   83.7   81.0   2.7 pts   

REVENUE PASSENGERS BOARDED (‘000)**

  

 

Mainline

   36,528      38,508      -5.1

Regional Affiliates

   19,031      16,743      13.7
                  

Total Consolidated

   55,559      55,251      0.6

CARGO TON MILES (‘000)**

      

Freight

   1,155,686      851,820      35.7

Mail

   117,955      130,595      -9.7
                  

Total Mainline

   1,273,641      982,415      29.6

 

** Includes Scheduled and Charter Operations. Regional Affiliates results only reflect flights operated under capacity purchase agreements and flights operated as part of our joint venture with Aer Lingus.

 

The United Building, 77 West Wacker Drive, Chicago, Illinois 60601


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GAAP To Non-GAAP Reconciliations

Pursuant to SEC Regulation G, the Company has included the following reconciliation of reported non-GAAP financial measures to comparable financial measures reported on a GAAP basis. Since the Company did not apply cash flow hedge accounting prior to April 1, 2010, the Company believes that the net fuel hedge adjustments provide management and investors with a better perspective of its performance and comparison to its peers because the adjustments reflect the economic fuel cost during the periods presented and many of our peers apply cash flow hedge accounting. The non-cash mark-to-market gain/loss adjustment includes the reversal of prior period non-cash mark-to-market gain/loss related to August hedge settlements.

 

     August 2010

Mainline fuel price per gallon excluding non-cash, net mark-to-market gains and losses

   $ 2.38

Add: Non-cash, net mark-to-market (gains) and losses per gallon

     0.03
      

Mainline fuel price per gallon

   $ 2.41

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements included in this release are forward-looking and thus reflect our current expectations and beliefs with respect to certain current and future events and financial performance. Such forward-looking statements are and will be subject to many risks and uncertainties relating to our operations and business environment that may cause actual results to differ materially from any future results expressed or implied in such forward-looking statements. Words such as “expects,” “will,” “plans,” “anticipates,” “indicates,” “believes,” “forecast,” “guidance,” “outlook” and similar expressions are intended to identify forward-looking statements. Additionally, forward-looking statements include statements which do not relate solely to historical facts, such as statements which identify uncertainties or trends, discuss the possible future effects of current known trends or uncertainties, or which indicate that the future effects of known trends or uncertainties cannot be predicted, guaranteed or assured. All forward-looking statements in this release are based upon information available to us on the date of this release. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances or otherwise. Our actual results could differ materially from these forward-looking statements due to numerous factors including, without limitation, the following: our ability to comply with the terms of our amended credit facility and other financing arrangements; the costs and availability of financing; our ability to maintain adequate liquidity; our ability to execute our operational plans; our ability to control our costs, including realizing benefits from our resource optimization efforts, cost reduction initiatives and fleet replacement programs; our ability to utilize our net operating losses; our ability to attract and retain customers; demand for transportation in the markets in which we operate; an outbreak of a disease that affects travel demand or travel behavior; demand for travel and the impact the economic recession has on customer travel patterns; the increasing reliance on enhanced video-conferencing and other technology as a means of conducting virtual meetings; general economic conditions (including interest rates, foreign currency exchange rates, investment or credit market conditions, crude oil prices, costs of aviation fuel and energy refining capacity in relevant markets); our ability to cost-effectively hedge against increases in the price of aviation fuel; any potential realized or unrealized gains or losses related to fuel or currency hedging programs; the effects of any hostilities, act of war or terrorist attack; the ability of other air carriers with whom we have alliances or partnerships to provide the services contemplated by the respective arrangements with such carriers; the costs and availability of aviation or other insurance; the costs associated with security measures and practices; industry consolidation; competitive pressures on pricing and on demand; capacity decisions of United and/or our competitors; U.S. or foreign governmental legislation, regulation and other actions (including open skies agreements); labor costs; our ability to maintain satisfactory labor relations and the results of the collective bargaining agreement process with our union groups; any disruptions to operations due to any potential actions by our labor groups; weather conditions; our ability to complete the planned merger with Continental Airlines, Inc.; and other risks and uncertainties set forth under the caption “Risk Factors” in Item 1A. of the 2009 Annual Report, as well as other risks and uncertainties set forth from time to time in the reports we file with the U.S. Securities and Exchange Commission (“SEC”). Consequently, forward-looking statements should not be regarded as representations or warranties by UAL Corporation or United that such matters will be realized.

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The United Building, 77 West Wacker Drive, Chicago, Illinois 60601