UAL sees passenger revenue miles rise 2.1pc in July

UNITED AIRLINES has announced that total consolidated revenue passenger miles (RPM) rose in July by 2.1 per cent on an increase of 1.8 per cent in available seat miles (ASM) compared with the same period in 2009.

This resulted in a reported July consolidated passenger load factor of 87.2 per cent, an increase of 0.3 points compared to 2009, said Business Wire.

For July 2010, consolidated passenger revenue per available seat mile (PRASM) is estimated to have risen by 22.0 per cent to 23.0 per cent year on year. Consolidated PRASM is estimated to have increased 3.9 per cent to 4.9 per cent for July 2010 compared to July 2008, 2.0 percentage points of which is due to fees and other ancillary revenue.

Average July 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 US$2.31 per gallon. Including non-cash, mark-to-market fuel hedge gains and losses, the estimated fuel price is $2.33 per gallon for the month.
(Source:www.schednet.com)